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Payday advances spartanburg sc. Progress The Usa Announces Appointment of Ken E. Compton as Chairman

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Payday advances spartanburg sc. Progress The Usa Announces Appointment of Ken E. Compton as Chairman

Demonstrate 99.1

Jamie Fulmer- (864) 342-5633

Movie director of Entrepreneur Family

Ceo and William M. Webster, IV as Vice Chairman

SPARTANBURG, S.C., August 23, 2005 improve The usa, cash advance loans stores, Inc. (NYSE: AEA) announced today that Ken E. Compton was appointed being the director and ceo of this service, efficient May 26, 2005Additionally, William M. Webster, IV, the Companys co-founder, was known as vice-chairman on the deck of DirectorsIn his function as vice-chairman, Mr. Webster continues to focus their initiatives on regulating and legal topics towards providers.

Mr. Compton, get older 53, concerns they along with 25 years of owners and operational enjoy, using presented during the last 13 several years as ceo of this international vehicle Group of Milliken CompanyDuring that point, Mr. Compton was actually liable for a great deal of staff members and several establishments worldwideMilliken service is a global linen and inorganic company headquartered in Spartanburg, S.CMr. Compton was a graduate of Erskine College, where the man gotten a bachelor of medicine level in Chemistry.

In developing the statement, Mr. Webster mentioned:Ken brings serious operating and managing experience which help the control of your moving forward increases and our personal increased exposure of operating benefits across a national footprintWe are incredibly

fortunate for a chief with Kens degree of feel whos likewise a native of Spartanburg.

President George D. Johnson, Jr. put in: We are thrilled to enjoy someone of Ken Comptons grade and practice register all of our CompanyKen delivers operating and managing expertise which will be useful to us all into the several years aheadMoreover, Kens new function will permit Billy Webster to concentrate his own powers specifically on the legislative and regulatory points that are vital that you our personal continued accomplishments.

John Egeland, the Companys past President, will continue to assist in the Companys ideal planning and businesses improvement initiatives.

About Improve The Usa

Based in 1997, Advance The country, cash loan Centers, Inc. could be the countrys respected vendor of cash advance work with more than 2,500 facilities in 35 shows. The Company supplies handy, less-costly, loans choices to people whose goals usually are not came across by traditional financial institutionsThe business are an establishing person in the city Financial facilities Association of The country (CFSA), whose purpose is always to increase regulations that give substantive buyer protections also to encourage accountable markets tactics.

Forward-Looking Comments and Know-how:

Some comments found in this production may represent forward-looking statementswithin this is of national securities lawsAll comments in this particular production rather than those relating to our very own historic data or existing state become forward-looking statementsFor instance, any statements regarding our upcoming monetary show, our very own business tactic and envisaged improvements through the cash advance services market become forward-looking records. Although we believe your present panorama and objectives mirrored throughout these forward-looking assertions include sensible, those looks and needs and so the related assertions tends to be inherently influenced by threats, concerns and other factors, that are certainly not under our personal controls and may also not get predictableTherefore, the actual results could vary materially from your targets as of today and any foreseeable benefits, efficiency or accomplishments conveyed straight or impliedly through forward-looking statementsThese issue feature: the end result that compliance on your modified FDIC pay check financing advice have on credit bankers and our very own results of functions within the department organization national

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