HOUSTON — First Investors Financial Services Group revealed
when it's going to conduct the special meeting of shareholders to consider and
vote upon a proposal to approve and adopt the previously announced definitive
merger agreement with FIFS Holdings Corp.

The gathering will take place on Oct. 30 beginning at 9 a.m.
CST at First Investors' offices located at 675 Bering Drive, Suite 710, in Houston.

Management explained holders of record of the company's
common stock at the close of business on Oct. 1 are entitled to notice of, and
to vote at, the special meeting and any adjournments or postponements thereof.

The company said it will mail notice of the special meeting,
together with a proxy statement attaching a copy of the merger agreement, to
all shareholders of record on the record date.

"Shareholders are urged to carefully read the proxy
statement and the merger agreement and other documents accompanying it in their
entirety because they contain important information about the company and the
proposed merger," First Investors emphasized.

The merger agreement was announced late last month. SubPrime
Auto Finance News shared the details here.