Founded in 1951, the NAIC is a non-profit organization, which is made up of over 500,000 individual investors and investment clubs. The NAIC provides investment education to inexperienced and experienced investors, with the goal of increasing the number of individual investors in common stock. NAIC investors focus attention on the dynamics of individual companies. They study the core characteristics and influences on which long-term investing success depends, such as strong relative growth and profitability. Nicholas Financial management believes it has molded the company with the exact core characteristics that NAIC members seek. 

NAIC services will aid Nicholas Financial in creating and distributing information that will provide a half a million potential investors with the data they need to thorough analysis. Nicholas Financial was introduced to the NAIC membership at the recent NAIC Investors Fair in Atlanta, GA. As a sponsor of the investors fair, Nicholas offered a twenty-minute multimedia presentation to the more than 400 attendees. According to President and CEO, Peter L. Vosotas, "Nicholas was very well received by the NAIC members at the Atlanta Investors Fair. NAIC members have certain key criteria on which they base their evaluation of a stock for possible investment. They found that our company's financial performance matched their criteria perfectly. Nicholas Financial was identified as a quality company at a good price."

 Founded in 1985, with current assets of $72,800,000 as of December 31, 2001, Nicholas Financial is one of the largest publicly traded specialty consumer finance companies based in the Southeast. The Company has approximately 5,000,000 shares of common stock outstanding and has reported increased revenues and earnings for the past 11 years. For an index of Nicholas Financial Inc.’s news releases or to obtain a specific release, visit our web site at www.nicholasfinancial.com.