Press Releases

FORMER PRESIDENT OF FIRSTPLUS FINANCIAL GROUP, INC. PASSES AWAY

December 11, 2007

IRVING, Texas, /PRNewswire/ -- FIRSTPLUS Financial Group, Inc. (FPFX.PK), a diversified company specializing in helping businesses acquire strategic funding and critical services they need for growth and survival, regretfully reported today that Jack (JD) Draper has died. Mr. Draper had been serving the Company as an officer in the areas of Compliance and Risk Management.

One of the founders of FirstPlus, Mr. Draper served as President and Chief Executive Officer of FirstPlus from October 2003 to November 2006. He also held positions of Executive Vice President and Secretary of the Board of Directors with the Company.

"JD Draper was a veteran in our business, one who contributed greatly to our efforts and new direction here at FirstPlus," said John Maxwell, Chairman of the Board and Chief Executive Officer. "He will be greatly missed by all."

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