Press Release: Vestin Mortgage, Inc.
June 7, 2002
LAS VEGAS, NV -- Vestin Mortgage, Inc., a subsidiary of Vestin Group, Inc. (Nasdaq: VSTN) and the manager of Vestin
Fund I, LLC (the "Company"), yesterday announced that, as of May 31, 2002, the Company has 37 mortgage
loans in its portfolio totaling approximately $97,300,000.
The average maturity of these loans was 14 months with an average interest rate of 13.61 percent per annum. The
Company distributed to its 1,673 unit holders a weighted average interest rate yield of 12.21 percent for the month
of May. For the five months ended May 31, 2002, the company distributed to its unit holders a weighted average
per annum interest rate yield of 12.79 percent.
About Vestin Group
Vestin Group, Inc., through its lending division, is one of the nation's largest private lenders. Its subsidiary,
Vestin Mortgage, is a Las Vegas-based commercial mortgage broker. Vestin Mortgage has facilitated more than $1
billion in the last five years of lending transactions. Through its subsidiary Vestin Mortgage, Vestin Group manages
two funds, Vestin Fund I, LLC, a $100 million mortgage fund and Vestin Fund II, LLC, a $500 million mortgage fund.
Certain statements contained herein are forward-looking statements that have been made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties which may cause the actual results in the future periods or plans for future periods
to differ materially from those described herein as anticipated, believed or estimated.
SOURCE: Vestin Mortgage, Inc.