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Thursday February 8

Frontier Adjusters of America, Inc. Makes Management Changes

PHOENIX -- Frontier Adjusters of America, Inc., the troubled nationwide franchisor and licensor of claims adjusters, has announced that James J. Ferzoco has been appointed as the Chief Operating Officer of the Company, effective as of February 16, 2001. Mr. Ferzoco currently serves as Chief Operating Officer of United Financial Adjusting Company, Inc. He will also continue in that capacity.

Mr. Ferzoco earned a BS degree in Business Administration from Suffolk University and an MBA in Business Administration and Corporate Finance from Fordham University. Mr. Ferzoco was previously head of operations of Oxford Resources Corp., the second largest national independent automobile leasing company, now part of Bank of America.

The Company also announced that Jeffrey C. Jordan, Vice President and a Director of the Company, and Laurel A. Park, Controller and Assistant Secretary of the Company, have resigned from their positions and will leave the Company on February 16, 2001, each to pursue other interests. Mr. Ferzoco has been selected to replace Mr. Jordan on the Company's Board, effective February 16, 2001.

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