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August 21, 2006

Mooring Financial Corporation to Sponsor and Participate in Reston 2006 Triathlon

Vienna, VA. August, 2006 - Mooring Financial Corporation has announced that the Company will serve as a major or "Ironman" sponsor of the 2006 Reston Triathlon, taking place Sunday, September 10. A total of 11 employees, or just over one-fourth of the Company, also will compete in the Triathlon. These represent members of Mooring Financial Corporation's asset management, servicing, accounting, Information Technology, and senior management teams. Among the Triathlon participants are John Jacquemin, President and CEO, who has competed in the event since 1990, Jim Meeks, President of Mooring Tax Asset Group, and Kenneth Judd, Director of Finance & Controller.

The three-part competition commences at 7:00 a.m. E.T. on September 10 in Reston. The triathlon includes a one-mile swim competition at Lake Audubon, followed by a 22.3 mile bike course and concludes with a 6.2 mile (10 kilometer) run on selected Reston pathways. Participants will cross the finish line at Reston's South Lakes High School stadium.

Mooring Financial Corporation has served since 2002 as a major sponsor of this metropolitan Washington, DC community sports competition. The Reston Triathlon is organized annually by the Reston Triathlon Association and is sanctioned by the USA Triathlon. A course map and other competition information can be found at www.restontriathlon.org

About Mooring Financial Corporation

Mooring Financial Corporation is a specialty finance company that owns and manages over $350 million in financial assets. These include commercial loan portfolios, property tax liens, real estate and other specialized investments. Mooring Financial Corporation includes Mooring Capital Fund, a private, closed-end fund that operates similarly to a mortgage REIT, and Mooring Tax Asset Group, a leading investor and servicer of property tax liens in 24 states. Mooring Financial Corporation is headquartered in Vienna, VA. For more information please visit www.mooringfinancial.com