Life Partners Holdings, Inc. (Nasdaq GS: LPHI), parent company of Life Partners, Inc., held its annual shareholders' meeting yesterday, at its corporate offices in Waco, Texas.

With 86% of the outstanding shares voting, shareholders re-elected each of the directors. The nominees, the number and type of votes, and the number of broker non-votes were as follows:

 

Votes For

    

Votes Withheld

     Broker

Non-Votes

Brian D. Pardo 10,386,118 1,755,172

3,863,260

R. Scott Peden 10,392,044 1,749,246

3,863,260

Fred Dewald 10,833,687 1,307,603

3,863,260

Tad M. Ballantyne 10,830,713 1,310,577

3,863,260

Harold E. Rafuse 10,834,269 1,307,021

3,863,260

 

The shareholders ratified the appointment of Whitley Penn, LLP, as our independent registered public accounting firm for the fiscal year ending February 29, 2012. The number and type of votes cast were as follows:

Votes for approval       14,615,482
Votes against 1,345,742
Abstentions 43,326
 

There were no broker non-votes for this item.

The shareholders recommended to approve, by non-binding vote, executive compensation. The number and type of votes cast were as follows:

Votes for approval       10,560,689
Votes against 1,501,068
Broker non-votes 3,863,260
 

The shareholders recommended, by non-binding vote, the frequency of a vote on executive compensation. The number and type of votes cast were as follows:

Votes for 1 year       11,911,084
Votes for 2 years 73,149
Votes for 3 years 119,048
Abstentions 38,009
 

Life Partners is the world's oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called "life settlements." Since its incorporation in 1991, Life Partners has completed over 137,000 transactions for its worldwide client base of over 28,000 high net worth individuals and institutions in connection with the purchase of over 6,400 policies totaling over $3 billion in face value.

Visit our website at: www.lphi.com

LPHI-G

Life Partners Holdings, Inc.
Shareholder Relations, 254-751-7797
info@LPHI.com
www.lphi.com