America's Senior Financial Services - ReverseMortgages - Reports April Sales Increase of 79%.

MIAMI LAKES, Fla.--(BUSINESS WIRE)--May 6, 1998--America's Senior (NASDAQ OTC BB:AMSE) announced Wednesday that their April 98 sales increased 79% over the comparable period last year.

Company President Nelson Locke attributed the increase to lower interest rates and strong reverse

mortgage activity. He stated that: "Reverse Mortgage applications have increased 200% over the same period last year. As we continue our consumer education outreach, new clients inquire daily about our innovative program. We are very optimistic about serving as many seniors as we can possibly reach."

In a related announcement, America's Senior has signed a contract to direct mail 698,628 seniors, in multiple states. The last mailing of this type generated thousands of new contacts.

America's Senior (AMSE) specializes in arranging "Reverse Mortgages" for senior citizens. The company, formed in 1990, recently began trading its shares on NASDAQ's OTC-BB. Reverse Mortgages are insured by HUD and offered by FHA and Fannie Mae (NYSE:FNM). They have been endorsed by the AARP as a viable source of retirement cash flow for certain senior citizens. The company plans to market them nationwide.

This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially.

For more information, contact Nelson A. Locke at 305/828-2599. On the web, go to www.valuefinancial.com. E-mail: nlocke@valuefinancial.com

CONTACT: America's Senior Financial Services Inc.

Nelson A. Locke

Phone: 305/828-2599

Fax: 305/556-8640

Toll Free: 800/760-5363