Delta Mutual Welcomes Michael Gilburd as the New CFO.

February 26, 2010

Mr. Michael Gilburd, C.P.A., M.S.T., A.S.A., the former Managing Director of corporate finance for two American Express companies, has agreed to join Delta Mutual as CFO. While at AMEX, he assisted in raising funds for various transactions, including acquisitions and public offerings. Mr. Gilburd is currently President of ValuCorp International, Inc., a business valuation and financial advisory firm, offering services in the areas of valuation, capital markets and corporate finance advisory, transaction and fairness opinions, restructuring advisory, and management consulting. ValuCorp primarily serves financial institutions, healthcare companies, professional service firms, energy companies, construction and real estate ventures, and consumer product companies. Mr. Gilburd is also a member of the Board of Directors of Associated Physicians Group, O'Fallon, Illinois. Mr. Gilburd's business background is quite extensive. Prior to AMEX, he was the National Director of Corporate Finance for BDO Seidman, one of the nation's largest accounting and consulting firms, and a member of their International Corporate Finance Committee. In addition, Mr. Gilburd will serve as Delta Mutual's interim Chief Financial Officer and is scheduled for appointment to the Board of Directors.

Dr. Daniel Peralta, President and CEO of Delta Mutual, Inc. is extremely honored to have such a prestigious individual as a member of the Executive team. He stated, "A gentleman with Mr. Gilburd's business credentials and contact base will prove invaluable to the expansion and ongoing operations of Delta Mutual. His education and combined experience in accounting principles and estimates, financial statement preparation and analysis, federal tax and securities compliance issues, corporate finance and valuation, will be very helpful to the Company."

Mr. Gilburd, a well-recognized valuation expert, noted that "Delta Mutual, Inc.'s market cap may reflect the fact that its stock trades on the over-the-counter bulletin board. Thinly traded bulletin board stocks do not always receive the same type of valuation as their competitors traded through NASDAQ or NYSE. The OTCBB market lacks many of the necessary mechanisms for proper valuation, from market support to fundamental analysis provided by large investment banks. As a result, these companies' valuations are almost completely based on supply and demand at any given time -- not necessarily on fundamentals."

An accurate market valuation is important for various potential scenarios, such as positioning the company as an attractive joint venture partner, and attracting long-term funding and investments from institutional investors. Mr. Gilburd noted, "This is evidenced by the Technical Report released by New Times Group Holdings, a Hong Kong Public Company, an independent valuation firm, which on Oct. 10th, 2007 and 2009 estimated the gross (100%) unrisked, prospective resources of two of the company's concessions (the Tartagal and Morillo concessions located in the Salta Province of Northern Argentina, bordering with Paraguay to the West and Bolivia to the North that cover total areas of approximately 7,063 and 3,534 square kilometers, respectively) at approximately 144.5 million barrels of oil and 2.3 billion cubic feet of gas. Based on the current industry prices for oil and gas in the region, the total potential revenue could reach approximately $7.35 billion, which substantially exceeds the Company's previous estimates. While there can be no assurances as to the production levels of oil and gas from the Tartagal and Morillo concessions, and there is no assurance as to the timetable for development of these properties, extrapolating that valuation to Delta Mutual, Inc.'s interest would value the company at more than $500 million."

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