> News

FRONTERA ANNOUNCES APRIL 2009 REVENUES

San Diego, CA April 26, 2009 - Frontera Investment, Inc. (OTC:FRNV) announced announced today that its April 2009 revenues increased 28.6% to $726,200 compared to $564,630 in April 2008. The Company operated eight stores (seven full service stores and one embedded store) this April and operated six stores (four full service stores and two embedded stores) the previous April. For April 2009, earnings before interest, taxes, depreciation and amortization (“EBITDA”) for the eight stores increased 161% to $79,192, or $9,900 per store compared to $30,337, or $5,056 per store for the six stores in operation during April 2008. In addition, the Company’s first quarter 2009 financial statements are now available on Pink Sheets Issuer Services that can be located at www.pinksheets.com or the Company’s website at www.fronterainvestment.com

Gil Partida, CEO said the performance of our five mature stores (those acquired and or newly opened for more than one year) are ahead of plan with April average store EBITDA at $17,000, or just over $200,000 per store on an annualized run-rate. In addition to the terrific performance of these mature stores, the three new stores opened over the six months are doing well, but will negatively impact total average store EBITDA until they reach maturity. Our goal is to have these stores profitable by December 2009.

On May 18, 2009, Frontera opened its ninth store in Perris, California. This store is located inside an ARCO ampm and is the Company’s second full service embedded store. Frontera has two additional stores in the pipeline which will be staged to open over the next few months as funding is obtained to finance the acquisition and working capital needs of each new store.

The Hispanic market is currently estimated at 40 million consumers, over half do not use any form of banking service. About 35 percent of the total US households are un-banked or use alternative financial services companies. Frontera currently operates seven stores in California.

Forward-Looking Statements:
Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include the ability to complete expansion within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; ability to raise capital to support its growth strategy; changes in business strategy; and the successful integration of newly acquired businesses.


Please forward any inquiries to:
Allan Youngberg, CFO
Frontera Investment, Inc.
ayoungberg@fronterainvestment.com
858.549.7061