Life Settlement Provider Maple Life Financial Inc. to be Acquired by Investment Firm and Management

Toronto, Canada, March 3, 2006 -- Maple Financial Group Inc. announced today that it has entered into a definitive agreement to sell its wholly-owned subsidiary, Maple Life Financial Inc., to investment funds managed by Reservoir Capital Group LLC. The current Maple Life management team, including President and Chief Executive Officer, Nate Evans, will continue to lead the Company and remain significant equity holders in Maple Life. Further terms of the transaction were not disclosed.

“This transaction represents a compelling opportunity to continue the growth of Maple Life” commented Nate Evans. “Over the last four years, we have established Maple Life as the most trusted, highest rated* life settlement provider and servicer, and we are excited about our prospects at this very exciting time in the life settlement industry. This transaction will allow us to offer even more innovative products and services to our existing client base of investment funds, our distribution partners and insureds.”

“With an experienced and talented management team, a base of strong investment fund clients and a robust distribution network, Maple Life is well positioned to take advantage of the attractive trends as a leader in the life settlement industry” said Craig Huff, President of Reservoir Capital Group. “We are excited to partner with Maple Life’s management team in this transaction.” The transaction will close upon receipt of regulatory approval.

* Maple Life Financial has earned Standard & Poor’s (S&P) highest rating (STRONG) as a Consumer Finance Servicer of life settlements and has earned the highest rating in the U.S. life settlement industry for a life settlement provider (AA+) from the Scope Group (Scope). No other life settlement provider has earned both a STRONG rating from S&P and AA+ (VERY HIGH QUALITY) with a composite score of over 89 from Scope.

About Maple Life Financial Inc.
Maple Life Financial is a specialty finance company focused on providing industry-leading service to institutional investment investors and innovative financial products for seniors and the professionals who serve them. Based in Bethesda, Maryland, Maple Life Financial is known as the best-capitalized life settlement provider, servicer, and lender with high standards of customer service and compliance. Maple Life Financial has worked hard to earn a solid reputation and has received national attention for its efforts. (http://www.maplelifefinancial.com)

About Maple Financial Group Inc.
Maple Financial Group provides a range of banking, securities and trust services to financial institutions, corporations, and individuals located in North America and Europe. Its principal operating subsidiary, Maple Bank GmbH, is a German bank regulated by the German Federal Banking Supervisory Agency. Maple Financial Group’s businesses include structured products; securities and mortgage banking; proprietary trading; securities lending; asset-based lending; private wealth management; insurance products; and securities execution, clearing, and custodial services for third parties. Maple Financial Group operates with C$285 million of capital, over C$15 billion in assets and 500 employees in offices in Toronto, Frankfurt, London, New Jersey, Milan, Amsterdam, Bethesda and Halifax.

About Reservoir Capital Group LLC
Reservoir Capital Group is a privately held investment firm with an opportunistic 'hybrid' investment approach. Reservoir invests directly in public securities and private investments, as well as in partnership with investment teams through the creation of hedge funds and private equity firms in which the Reservoir funds are an owner. Reservoir's opportunistic investment funds currently have over $2.8 billion under management.

CONTACTS:
For Maple Life Financial Inc.:
Nate Evans, +1 (301) 951 - 2106

For Maple Financial Group Inc.:
Roger Prichard, +1 (416) 350 - 8270

For Reservoir Capital Group LLC:
Matt Popoli, +1 (212) 610 - 9086