PRESS RELEASE

April 21, 2008 For additional information contact R. W. (Bill) Cuthill, Jr.

R. W. (Bill) Cuthill, Jr., President of Evergreen Security, Ltd. announces Evergreen’s third distribution of $3.4 million to creditors.

Third distribution of $3.4 million

Evergreen’s Steering Committee authorized the third distribution of over $3.4 million to be made to its creditors on May 21, 2008. Evergreen has previously distributed over $17.5 million to over 1,900 creditors, holding claims of over $190 million. Total distributions, including the third distribution, will total almost $21 million and represent 11% of each approved claim. Future distributions will depend on the success in recovering assets of Evergreen. These recovery efforts have consisted of over 150 individual pieces of litigation in four countries with the owners, managers, brokers, consultants and others involved with the Company.

General Background

Evergreen was formed primarily to operate as an offshore mutual fund. Like a mutual fund, investor dollars were pooled to purchase various investment vehicles denominated as certificates. Evergreen began selling certificates sometime in the early 1990's. Evergreen sold certificates through a variety of lawyers, brokers, and financial advisors.

Although most of the marketing material indicated that the investments were in U.S. mortgage-backed securities, in fact, almost all funds were placed in mortgage-backed securities derivatives (“MBS Derivatives”). MBS Derivatives are highly risky, and, over time, Evergreen did not make enough profit on its investments to pay the interest on the certificates, much less other operating expenses.

In addition to the financial problems of Evergreen caused by the poor return from the MBS Derivatives, additional serious problems were created by the direct withdrawal of investors’ money by or for the benefit of the various managers and owners.

By the end of 1995, the liability for investments within Evergreen totaled approximately $45,000,000. As of December 30, 2000, the liability for investments within Evergreen totaled approximately $214,000,000.

By the end of 1995, the cash and investment assets in the Evergreen Trust totaled approximately $26,000,000. As of December 30, 2000, the cash and investment assets in the Evergreen Trust totaled less than $3,000,000.

Evergreen filed bankruptcy in Orlando, Florida on January 23, 2001 and Mr. Cuthill was appointed trustee in March 2008 to recover and distribute funds to Evergreen’s creditors. Evergreen emerged from bankruptcy on June 18, 2004. Mr. Cuthill became the president and sole director of Evergreen and has continued to recover funds.

Nine of the individuals who founded, sold or worked with Evergreen have pled guilty or been convicted of crimes related to their involvement.

Additional background information on Evergreen can be found at www.evergreencreditorscommittee.com.