Transnational Financial Network Reports December Loan Production

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Transnational Financial Network, Inc. (TFN - AMEX), a wholesale and retail mortgage banking company released its December loan production figures today.

For_Immediate_Release:

January 8, 2004 (Press Release) -- Joseph Kristul, Chairman and CEO, commented: �Our wholesale business has begun recovering from its trough in late October while our retail production levels remained flat. The increase in wholesale production was helped by the broader geographic presence of this activity while our retail production is generated primarily from the San Francisco Bay area.

For full details: www.investorideas.com/Companies/Transnational/NewsReleases.asp

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