Newtek Business Services to be Listed on the Nasdaq National Market NEW YORK, Dec. 22 /PRNewswire-FirstCall/ -- Newtek Business Services, Inc. (http://www.newtekbusinessservices.com/), a provider of business services and financial products to the small business market, today announced that it has been approved for listing on the Nasdaq National Market. Newtek anticipates that its common stock will begin trading under the ticker symbol NKBS, at the opening of trading on Tuesday, December 30, 2003. The stock will continue to trade on Amex until that time. Newtek Business Services, Inc. is a premier provider of business services and financial products to the small-business market. Newtek Business Services invests in and provides financial, management and technological services for small businesses throughout the country. Newtek brands include: -- Newtek Small Business Finance: small business and U.S. government- guaranteed lending services; -- Newtek Merchant Solutions: electronic merchant payment processing solutions; -- Newtek Financial Information Systems: outsourced bookkeeping & controller services; -- Newtek Tax Services: tax filing, preparation and advisory services; -- Newtek IT Services: complete information technology solutions; -- Newtek Strategies: strategic business management and global marketing services; and -- Newtek Client Services: marketing and customer relations services. The statements in this release may contain forward-looking statements relating to such matters as anticipated future financial performance, business prospect, legislative developments and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward -looking statements. In order to comply with the terms of the safe harbor, the Company notes that a variety of factors could cause the Company's actual results to differ materially from the anticipated results expressed in the Company's forward looking statements such as intensified competition and/or operating problems on its operating business projects and their impact on revenues and profit margins or additional factors as described in Newtek Business Services' previously filed registration statements. Contacts: Lippert/Heilshorn & Associates 212-838-3777 Investors - David K. Waldman, Media - Chenoa Taitt, Newtek Business Services Barry Sloane Chairman of the Board & CEO 212-356-9500 Dave Gentry Aurelius Consulting Group 407-644-4256 DATASOURCE: Newtek Business Services, Inc. CONTACT: David K. Waldman, , or Chenoa Taitt, , both of Lippert/Heilshorn & Associates, +1-212-838-3777, for Newtek Business Services, Inc.; or Barry Sloane, Chairman of the Board & CEO, +1-212-356-9500, or , of Newtek Business Services, Inc.; or Dave Gentry, +1-407-644-4256, or , of Aurelius Consulting Group for Newtek Business Services, Inc. Web site: http://www.newtekbusinessservices.com/

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