General Finance and Development Holds Investor Conference Call

General Finance and Development, Inc. (OTC Markets: GFDV).

An investor conference call was held this morning at 11:00
AM CST for General Finance and Development, Inc. (GFD).

A link to a recording of the conference call will be
available at the website for General Finance and Development within a few days.

In summary:

During the call, CEO William Kieger summarized the 3^rd
quarter results and recent news announcements.

As of the end of the 3^rd quarter GFD reported
earnings of $166,880 for the 9 month period. Current assets exceed current liabilities
at a ratio of 6.9 to 1 and long term debt remains low. No new shares have been
issued since 2009 and there are no outstanding warrants. The current public
float is 337,288 shares.

Operations continue to be funded by the results of Corporate
Art Force (CAF). Development continues to be on schedule.

As of last week over 18,000 pieces of artwork has been completed
and installed in 40 states since inception in 2009.

Corporate Art Force has incorporated a new tagline
“America’s Premier Artwork Provider”, in its marketing efforts. A new website and
marketing strategy is being implemented to reflect the tagline and mission.

The growth of Corporate Art Force will be based on the
company’s capability to manage national art programs for enterprise level
organizations and the proprietary SmartArt Program that can be subscribed to
for as little as $125 per month.

 The company plans to
increase the number of art consultants and other sales staff significantly over
the next several years as recruiting and training programs are being
implemented. The projections are $300,000 in revenue per sales staff. The plans
are to add as many as 200 sales staff over the next 5 years

A finance agreement is in place with Aurora Capital
Management to resell 750,000 shares of GFDV through the company’s investment
fund, GFD Investments, in order to finance the growth of CAF and other venture
opportunities. Currently GFD Investments holds approximately 180,000 shares.
The total shares available for resale are approximately 930,000.

In 2013, GFD Investments will be acquiring assets in
alignment with the CAF distribution model. New areas of investment will include
artwork and leasing agreements.

The company has no plans to expand further into medical technologies
or other areas unrelated to its current operations.

The
foregoing material may contain forward-looking statements. We caution that such
statements may be subject to uncertainties and that actual results could differ
materially from the fore-going statements. Readers accordingly should not place
undue reliance on these forward-looking statements which do not reflect
anticipated or unanticipated events or circumstances occurring after the date
of these forward-looking statements. More information regarding General Finance
and Development including financial statements and reports is available at the
company’s website www.genfd.com and www.otcmarkets.com.