Fortress Financial Group, Inc. — Cautionary Announcement

Company Cautions Stockholders in Their Dealings in the Company’s Stock

NEW YORK, NY–(EMWNews – August 15, 2008) – Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that it is in advanced discussions which, if successful, may

lead to a very substantial and immediate shift in the Company’s strategy.

This proposal was only given to the Company on August 14, 2008 and we need

to some time to debate the merits of this proposal.

It is not unlikely that the Company may now distribute all of its assets to

its stockholders.

The Company will update its stockholders on Monday, August 18, 2008 as to

the outcome of these negotiations.

About Fortress Financial Group, Inc.

Fortress Financial Group, Inc. was primarily engaged in the issuing and

marketing of prepaid debit card and related payment solution activities.

Through the closure of the Trinity Mercantile Finance Group and the

Mortgage Bank acquisitions; Fortress Financial Group, Inc. is now

expediting its plans to become a broadly based Consumer Finance Group. The

“Mortgage and Consumer Lending Divisions” will comprise the vast majority

of the Group’s earnings in the immediate to medium term.

The Company is utilizing its substantial Balance Sheet of circa US$100

million comprised of quoted and unquoted Gold Mining & Exploration stocks

(this is after the payment of the Extraordinary Dividend of US$400 million

to stockholders), to aggressively fund a large number of acquisitions in

the consumer financial services sector; initially focused in the Mortgage

Lending and Banking sectors.

This release contains “forward-looking statements” within the meaning of

Section 27A of the Securities Act of 1933, as amended, and Section 21E the

Securities Exchange Act of 1934, as amended and such forward-looking

statements are made pursuant to the safe harbor provisions of the Private

Securities Litigation Reform Act of 1995. “Forward-looking statements”

describe future expectations, plans, results, or strategies and are

generally preceded by words such a “may,” “future,” “plan” or “planned,”

“will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or

“projected.” You are cautioned that such statements are subject to a

multitude of risks and uncertainties that could cause future circumstances,

events, or results to differ materially from those projected in the

forward-looking statements, including the risks that actual results may

differ materially from those projected in the forward-looking statements as

a result of various factors, and other risks identified in a company’s

annual report on Form 10-K or 10-KSB and other filings made by such company

with the SEC.