1. September 12, 20051 Title Slide Annual Meeting of Shareholders

2. September 12, 2005 2 Disclaimer This presentation may contain certain forward-looking statements. These statements may relate to future events or future performance and reflect management’s expectations regarding the Company’s growth, results of operations, performance and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Although the forward-looking statements are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this report, and the Company assumes no obligation to update or revise them to reflect new events or circumstances. Actual results may differ materially from any forward- looking statement. Historical results and trends should not be taken as indicative of future operations. Certain totals, subtotals and percentages may not reconcile due to rounding.

3. September 12, 2005 3 “RIFCO Inc. provides superior shareholder returns, by delivering innovative non-prime financial services, through channel partners, who benefit by achieving increased sales and profits.” RIFCO Mission

4. September 12, 2005 4 RIFCO Profile RIFCO provides point of sale financing through a growing network of over 650 active enrolled locations. RIFCO’s focus is on non-prime & near- prime financial services.

5. September 12, 2005 5 Product Opportunities Three Key Markets Three Key Product Opportunities

6. September 12, 2005 6 Non Prime Credit Landscape

7. September 12, 2005 7 Auto Repair Finance Product Non Prime - Auto Repair Financing 20K Independent Repairers $900k Per Location Annual Sales 25% Non Prime Customers $4.5 Billion Annual Opportunity

8. September 12, 2005 8 Auto Finance Product Non-Prime Auto Finance 16M Employed Adults* 50% Car buyers 7 year Buying Cycle $14K Average Price of Vehicle 25% of Adults non-prime $4 Billion Annual Opportunity *Source Statistics Canada (2003)

9. September 12, 2005 9 Near Prime - Prime Credit Landscape Commercial Repair' PRIME / NEAR PRIME CONSUMER 63% OF ADULTS

10. September 12, 2005 10 Commercial Repair Product Near Prime - Commercial Repair Financing 42K Independent & Small Motor Carriers* $662M Per Year Repairs* 63% of Prime / Near prime $417 Million Annual Opportunity *Source Statistics Canada (2003)

11. September 12, 2005 11 Active Origination Sources

12. September 12, 2005 12 Loan Originations

13. September 12, 2005 13 Loan Securitization Benefits to RIFCO Additional source of Receivable Funding Matching of debt to lending (term & rate) Improved Leverage Improved Balance Sheet Improved Return on Equity

14. September 12, 2005 14 Percentage of Capital Resource Utilization

15. September 12, 2005 15 Makeup of Capital Resources

16. September 12, 2005 16 Managed Finance Receivables

17. September 12, 2005 17 Annual Revenue

18. September 12, 2005 18 Business Model

19. September 12, 2005 19 Annual Net Income

20. September 12, 2005 20 2005 Key Management Additions Doug Decksheimer VP Marketing Previously Head of International Sales for Services Company Authored Successful Channel Reseller programs Monte Coates VP Operations Previous VP Wells Fargo Authored Canadian Non-Prime Auto Finance Program

21. September 12, 2005 21 2005 Key Board Additions Jim Nieuwenburg Previously President and CEO of Petromet Resources Exceptional background in management processes, transactional structures and shareholder value creation.

22. September 12, 2005 22 Price to Sales Ratio

23. September 12, 2005 23 Corporate Values Facing RealityAccountability InnovationExcellence CollaborationReward Integrity

24. September 12, 2005 24 Measuring 2005 Performance Secure an additional $10M of loan receivable funding (Equity and/or debt) Obtained $1.7M in new equity, $2M in a warehouse credit line, and a $20M securitization facility. Target met. Increase the enrolled network to 1,800 locations. The origination network increased to 1,572 from 1,100. Target not met. 82% of targeted increase achieved.

25. September 12, 2005 25 Measuring 2005 Performance Double annual loan originations to over $9M. Loan originations grew to $9.8M. Target met. Double total loan receivables to over $8M. It is most appropriate here to measure Managed Financed Receivables which increased to $9M. Target met.

26. September 12, 2005 26 Measuring 2005 Performance Decrease average cost of borrowed funds. Average cost of borrowed funds improved to 8.48% on an annualized basis compared to 10.0% in the prior year. Target met. Report at least one profitable quarter. RIFCO achieved net income for the year of $0.34M. Target met.

27. September 12, 2005 27 Measuring 2005 Performance Maintain annualized write offs under 5.0% RIFCO’s annualized write off rate for the year was 4.95%. Target met. See meaningful growth in the company’s stock price. In the last year our stock price increased by 80% and closed at $0.90 at year end. Target met.

28. September 12, 2005 28 Fiscal 2006 Priorities 1. Growth 2. Continued improvement in funding solutions 3. Improve internal systems for efficiency

29. September 12, 2005 29 2006 Specific Objectives  Increase the ‘active’ origination network to 1,100  Increase loan originations to over $15M  Increase managed finance receivables under management to over $16M  Decrease the average cost of borrowing

30. September 12, 2005 30 2006 Specific Objectives  Increase revenue to over $5M  Increase net income to over $0.5M  Maintain managed finance receivables annualized write offs under 5.0%  Attain meaningful growth in shareholder’s equity

31. September 12, 200531 Title Slide Thank you for joining us today.