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MRU Holdings to Present at Investor Conferences in New York City

     Kaufman Bros. 10th Annual Investor Conference - September 5, 2007
             Roth 2007 New York Conference - September 6, 2007

    NEW YORK, Aug. 29 /PRNewswire-FirstCall/ -- MRU Holdings Inc. (Nasdaq:
UNCL), a specialty finance company that provides federal and private
student loans through its consumer brand MyRichUncle(TM), today announced
that the Company will present at two investor conferences in New York City
in September.
    Ed McGuinn, Chairman and CEO, and Vishal Garg, Co-Founder and CFO, are
scheduled to speak at the Kaufman Bros. 10th Annual Investor Conference at
3:35 p.m. on September 5, 2007, at the W New York Hotel, and at the Roth
2007 New York Conference at 3:00 p.m. on September 6, 2007, at the Westin
Times Square Hotel.
    The Company's presentation at the Kaufman Bros. Conference will be
available live via webcast at http://www.wsw.com/webcast/kbro12/mhoi.ob/
and will be archived for ninety days following the conference.
    The Company's presentation at the Roth Capital Partners Conference will
be available live via webcast at http://www.wsw.com/webcast/roth13/mhoi.ob/
and will be archived for ninety days following the conference.
    About MRU Holdings, Inc.
    MRU Holdings, Inc. (Nasdaq: UNCL) is a publicly traded specialty
finance company that provides students with funds for higher education
using a blend of current market credit practices as well as its own
proprietary analytic models and decision tools. The Company has a renowned
brand name "MyRichUncle(TM)" and highly scalable origination
infrastructure. The Company utilizes these assets to provide private and
federal loans to students. MRU distinguishes itself from the competition as
it does not take a "one-size fits all" approach to designing student loan
products, allowing itself and its marketing partners to create a student
loan offering that directly addresses their specific customer needs.
Additional information concerning MRU Holdings is available at
http://www.MRUHoldings.com.
    About MyRichUncle
    From its inception in 2000, MyRichUncle has been at the forefront of
innovation for education finance, most recently focusing on the growth
market of student loans. Since May of 2005, MyRichUncle has originated more
than $200 million private and federal student loans using its breakthrough
underwriting platforms and innovative technology to deliver competitively
priced products and services to borrowers. In May 2006, the Company
launched Preprime(TM), the first and only student loan that allows students
to qualify for loans based on individual merit, rather than credit history
alone. In June 2006, MyRichUncle launched its Federal student loans with
upfront interest rate reductions at repayment. Dedicated to reshaping the
student loan industry to function in the best interests of the students,
founders Vishal Garg and Raza Khan and their team are committed to
delivering the most innovative solutions for their customers. The Company
and its founders have been recognized by Fast Company's Fast 50 (2006) and
listed among BusinessWeek.com's Tech's Best Young Entrepreneurs (2006). For
more information, visit http://www.myrichuncle.com.


SOURCE MRU Holdings Inc.




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Related links:
  • http://www.MRUHoldings.com
  • http://www.myrichuncle.com
  • http://www.wsw.com/webcast/kbro12/mhoi.ob/
  • http://www.wsw.com/webcast/roth13/mhoi.ob/
    CONTACT:
    Denise Gillen, Vice President of Investor
    Relations, +1-212- 836-4165; dgillen@mruholdings.com, or Media,
    Karin Pellmann, Vice President of Public Relations,
    +1-212-444-7541; kpellmann@mruholdings.com, both of MRU Holdings
    Inc.