Hampden Group Announces Plans to Retire Over 85% of Its Outstanding Shares to Complete the Restructuring of the Company

MESA, Ariz., Aug. 15, 2005 -- Hampden Group, Inc. today announced it plans to retire 50 million shares held by the previous management, bringing the share count to fewer than 8 million shares. The company has also secured financing which will immediately be used for high interest payday and auto title loans.

Hampden Group's current business plan will focus on payday and auto title loans, insurance premium finance, and sub-prime auto loans. The company operates online websites http://www.citycash.com/, http://www.cashcar.com/, and http://www.prepaidmotors.com/.

This week, Hampden Group announced the appointment of new CEO Randy Humphrey. Randy brings 18+ years' experience in the financial industry building a successful individual brokerage business as well as starting and operating a very successful retail brokerage operation. He has experience with both the expense containment and sales growth aspects of operation.

The company also announced Roger Marach as CFO. Roger has over 34 years' experience in financial management, the last 22 of which were spent in senior executive positions with publicly and privately held corporations. Roger has vast experience with raising money and running profitable businesses on the public and private scale. Roger has raised $230 million in the space of three years in various public offerings.

Those interested in learning more about Hampden Group can request to be added to the investor email list at ir@HampGroup.com.

Investors are encouraged to visit http://www.otcgrowth.com/ for a recent research profile on HPNG.

For more information about Hampden Group, Inc. , please contact Finn Walstad at 253-564-9254 or ceo@otcgrowth.com.

Corporate website: http://www.hampgroup.com/.

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties, as well as other uncontrollable or unknown factors, could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.