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Esprit Financial Group Inc. (Esprit) (EFGO.PK) Releases Open Letter to the Shareholders from Good Life CEO
via COMTEX

December 19, 2007

BEIJING, China, Dec 19, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

Esprit Financial Group Inc. (EFGO.PK) www.espritfinancialgroup.com DBA Good Life China www.goodlifechina.com announced today that it had posted an open letter to shareholders from Good Life CEO Jia Dongmei on its Town Hall forum.

This letter provides a perspective on the stunning growth and success of the chain of Haorizi stores, and its plans for continued expansion, from founder Jia Dongmei.

The full text of the letter can be viewed at http://goodlifechina.com/townhall/

Esprit CEO Garr Winters commented; "We are very pleased to share this letter from Good Life CEO Jia Dongmei. Investors will receive excellent insight into the continued growth of the Company, as well as a sense of the cultural differences between China and North America".

About Esprit Financial Group Inc.

Esprit Financial Group Inc. is a public company engaged in a diversified number of online financial services. These include: the Payday Loan Software division; Forex Trading; Advanced Electronic Funds Management; and Specialized Investment Banking and Financial Advisory Services.

About Good Life Group Limited.

Good Life Group Limited operates a rapidly growing chain of franchised convenience stores based in Hebei Province, China. It employs advanced retail concepts such as e-commerce enabled POS/back office systems, and achieves significant economies of scale on the supply side of the business. It will be expanding geographically to neighboring Provinces, as well as offering a growing number of additional products and services, such as financial products, as it moves forward.

Safe Harbor Statement

Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Esprit Financial Group's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Esprit Financial Group's periodic reports filed with the regulatory authorities.

SOURCE Esprit Financial Group