Life Partners Holdings Announces New CFO

  Life Partners Holdings Announces New CFO

Business Wire

WACO, Texas -- October 25, 2012

Life Partners Holdings, Inc. (NASDAQ GM: LPHI), announced today the
appointment of Colette Pieper as Chief Financial Officer. Mrs. Pieper brings
32 years of financial accounting, treasury management, tax compliance and
financial management experience to Life Partners, including 13 years of public
accounting experience and 19 years of experience as Accounting Financial
Director and CFO/VP of several private companies with sales revenue in excess
of $500 million. Before joining Life Partners, Mrs. Pieper served as
Accounting Financial Director for USAA, a San Antonio-based insurance and
financial services provider to members of the military and their families from
2006 to 2012.

Mrs. Pieper holds a Bachelor of Science degree in Accounting from Trinity
University in San Antonio and a Master in Professional Accounting degree with
a specialization in taxation from the University of Texas at Austin. She is
licensed by the State of Texas as a Certified Public Accountant and by the
American Institute of CPAs as a Chartered Global Management Accountant.

Life Partners Chairman, Brian Pardo, stated, “Colette Pieper brings an
extensive amount of senior level experience in both corporate financial
reporting and public accounting to Life Partners. She will be a great asset to
our management team.”

Mrs. Pieper is expected to join the company on November 19, 2012.

Life Partners is the world’s the oldest and one of the most active companies
in the United States engaged in the secondary market for life insurance,
commonly called life settlements. Since its incorporation in 1991, Life
Partners has completed over 144,000 transactions for its worldwide client base
of over 29,000 high net worth individuals and institutions in connection with
the purchase of over 6,500 policies totaling over $3 billion in face value.

LPHI-G

Visit our website at: www.lphi.com

Contact:

Life Partners Holdings, Inc.
Shareholder Relations, 254-751-7797
info@lifepartnersinc.com