³CHARLES E. HURWITZ ELECTED PRESIDENT OF UNITED FINANCIAL GROUP, INC.²

DATELINE: HOUSTON, AUGUST 30, 1984

	ON AUGUST 29, 1984, THE BOARD OF DIRECTORS OF UNITED FINANCIAL GROUP, INC. 
ELECTED CHARLES E. HURWITZ PRESIDENT OF THE COMPANY. HURWITZ SUCCEEDS C.E. 
BENTLEY AS PRESIDENT. BENTLEY WILL REMAIN AS CHAIRMAN OF THE BOARD OF UNITED 
FINANCIAL GROUP, INC. AND CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF UNITED SAVINGS 
ASSOCIATION OF TEXAS, THE COMPANY'S PRINCIPAL SUBSIDIARY.

	CONTACT: LORI LEPORI, UNITED FINANCIAL GROUP, INC., 713/981-2351.