Real Estate Commissions Reach Record Levels!

Real Estate Commissions Reach Record Levels! 


CARSON CITY, Nev., Oct. 4  /PRNewswire-FirstCall/ -- Palomar Enterprises, Inc.
(OTC:PALL) (BULLETIN BOARD: PALL)  has finished the 3rd quarter with the
highest real estate/mortgage commissions generated in The Company's history. 
With the recent expansion of the real estate and mortgage loan division, The
Palomar Group d.b.a. is quickly increasing market share in the highly
competitive Southern California real estate market.

The Company's revenue is approaching $700,000 for the three quarters ending
September 30, 2004 vs. revenue of $1,532 for the same period last year. The
Company has moved the real estate division to the recently purchased offices in
Carlsbad, Ca. in order to double the personnel and increase revenue and
potential earnings.

From time to time, the Company may issue news releases that contain
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934,
and is subject to the safe harbor created by those sections.  This material may
contain statements about expected future events and/or financial results that
are forward-looking in nature and subject to risks and uncertainties. For those
statements, the Company claims the protection of the safe harbor for
forward-looking statement provisions contained in the Private Securities
Litigation Reform Act of 1995 and any amendments thereto.  Any statements that
express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions, or future events
or performance are not statements of historical fact and may be
"forward-looking statements."  "Forward-looking statements" are based upon
expectations, estimates and projections at the time the statements are made
that involve a number of risks and uncertainties that could cause actual
results or events to differ materially from those anticipated.

http://www.palomarenterprises.com/ 

DATASOURCE: Palomar Enterprises, Inc.



CONTACT:  Palomar Enterprises, Inc., [phone],





Web site:  http://www.palomarenterprises.com/ 

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