Overview

March 13, 2006--San Diego, California--Exeter 1031 Exchange Services, LLC announced today that it has recruited and hired Mr. J. Daniel Choplin as Branch Manager for its 1031 exchange expansion plans on the East Coast.

Mr. Choplin will lead the company's East Coast expansion with the opening of its new East Coast Branch Office, which will be located at 302 North Main Street, Suite 2417, Winston-Salem, North Carolina 27101.

"We are very excited about entering the East Coast market place," said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC, "and we are very excited to have Mr. Choplin join our 1031 exchange management team and lead our expansion efforts there."

Mr. Exeter further stated, "Mr. Choplin will be the driving force behind the expansion and growth of our East Coast operations.  He has extensive experience in the tax-deferred like-kind exchange industry and is an exceptional compliment to our expanding team of 1031 exchange advisors."  Daniel reports directly to Mr. Exeter.

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory services for tax-deferred like-kind exchange transactions pursuant to Section 1031 of the Internal Revenue Code.  Exeter 1031 Exchange Services, LLC administers all types of tax-deferred like-kind exchange transactions, including forward, reverse and improvement (build-to-suit or construction) 1031 exchange structures, in all 50 states.  Exeter 1031 Exchange Services, LLC currently has national office locations in San Diego, Los Angeles, Fresno, and San Francisco, California and Winston-Salem, North Carolina.

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