Kingsway enters into $150 million credit facility

Kingsway Financial Services Inc. (TSX:KFS) has entered into a new Cdn$150 million, 364 day revolving credit facility with a syndicate of banks. This credit facility replaces the existing Cdn$150 million, 364 day revolving credit facility that is slated to mature on March 3, 2006. In the new facility, The Bank of Nova Scotia is acting as Administrative Agent, Co-Lead Arranger and Book Runner. Also, LaSalle Bank National Association is acting as Syndicated Agent and Co-Lead Arranger.