Real Estate Division Produces Record Growth CARSON CITY, Nev., Sept. 8 /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc (OTC:PALL) (BULLETIN BOARD: PALL) has expanded its real estate division due to record growth. The Company has moved the real estate and mortgage loan agents to the Carlsbad, CA. office, which was recently purchased by Palomar, in order to increase the personnel and revenue. The 3,000 square foot facility should allow The Company to more than double its number of agents and increase the division's earnings. Palomar Enterprises is a fast growing company that posted record revenue of $509,046 for the 3 month period ending June 30th, 2004 with total assets of $2,599,948. The Company plans to continue its growth in the California real estate market by expanding its sales force and investing in income producing properties. http://www.palomarenterprises.com/ DATASOURCE: Palomar Enterprises, Inc CONTACT: Palomar Enterprises, Inc, +1-775-887-0670, Web site: http://www.palomarenterprises.com/

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