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PDS Financial Corporation Announces Personnel Changes

    LAS VEGAS, Nov. 23 /PRNewswire/ -- Johan P. Finley, President and Chief
Executive Officer of PDS Financial Corporation (Nasdaq: PDSF) today announced
the hiring of Steven M. Des Champs as Chief Financial Officer.  Peter Cleary,
the Company's CFO since 1995, has been promoted to Executive Vice President
and will take a leadership position in the Company's fast growing Slot Source
division.
    Mr. Des Champs comes to PDS from Alliance Gaming Corporation, where he had
been the Director of Finance for the past three years.  Prior to that time
Mr. Des Champs had spent seven years with the accounting firm of
KPMG Peat Marwick LLP.
    Mr. Finley further commented, "We welcome Steve to our management team.
His industry experience and knowledge of both lease/financing and the
manufacturing environment will be an important asset as we continue our
efforts to maximize opportunities and efficiencies in both divisions.  We look
to build on our unique ability to offer complete distribution and finance
solutions to the gaming industry through a focused, aggressive growth plan
whereby each division is charged with attaining their individual goals within
the framework of the overall business plan."

    The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements.  Certain of the statements contained
herein which are not historical facts are forward-looking statements with
respect to events, the occurrence of which involve risks and uncertainties.
These forward-looking statements may be impacted, either positively or
negatively, by various factors.  Information concerning potential factors that
could affect the Company is detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.

    PDS Financial Corporation, with offices in Las Vegas and Minneapolis,
provides leasing and financing to the gaming industry, and supplies
reconditioned gaming devices to casino operators throughout the United States.
Since 1991, PDS has completed over $450 million in gaming finance transactions
and in 1996 introduced SlotLease, a specialized leasing program for slot
machines and other electronic gaming devices.  In mid-1997, the Company
established its reconditioned gaming device sales and distribution line of
business, PDS Slot Source, to complement its leasing and financing activities
and to generate equipment sales to casino operators.

 SOURCE  PDS Financial Corporation


CONTACT:
Steve Des Champs, Chief Financial Officer of
PDS Financial Corporation, 702-736-0700