MINNETONKA, Minn., Oct. 26 /PRNewswire-FirstCall/ -- AMERICAN CHURCH MORTGAGE COMPANY ("ACMC") (OTC:ACMC), Minnetonka, Minnesota, announced today the declaration by its Board of Directors of a shareholder dividend for its third quarter ended September 30, 2005 of $.1375 per share, representing an annualized dividend yield of 5.50%. The dividend will be paid on October 31, 2005 to shareholders of record as of September 30, 2005. Total revenues for the third quarter were $985,254, up from $793,030 for the third quarter of 2004. The Company operates as a real estate investment trust and revenues of the Company are derived primarily from interest income earned from loans to churches and other non-profit religious organizations. On October 7, 2004, American Church Mortgage Company commenced a public offering of $23,000,000 of Series "B" Investor Saver Certificates. The offering is being conducted by American Investors Group, Inc., Minnetonka, Minnesota on a best efforts basis. For more complete information about ACMC's public offering, including charges and expenses, a Prospectus may be obtained from American Investors Group, Inc., 10237 Yellow Circle Drive, Minnetonka, Minnesota 55343 or by calling (800) 815-1175 extension 134. Investors are encouraged to carefully read the Prospectus before investing and forwarding funds. Information concerning ACMC is available on its website, http://www.church-loans.net/ or by calling (800) 815-1175 extension 124. DATASOURCE: American Church Mortgage Company CONTACT: Scott J. Marquis, Vice President, of American Church Mortgage Company, +1-952-945-9455, ext. 124 Web site: http://www.church-loans.net/

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