Penn Treaty Files 2007 Statutory Annual Statements

ALLENTOWN, Pa., March 4 /PRNewswire-FirstCall/ -- Penn Treaty American Corporation NYSE: PTA today announced that its subsidiaries, Penn Treaty Network America Insurance Company ("PTNA"), American Network Insurance Company ("ANIC") and American Independent Network Insurance Company of New York ("AINIC"), have timely filed their unaudited statutory annual statements for the period ended December 31, 2007.

The unaudited statutory annual statements are available on the Company's web site, www.penntreaty.com.

The Company has filed its statutory statements on a timely basis and continues to work diligently toward the filing of its audited Form 10-K for the period ended December 31, 2006.

Certain statements made by the Company in this press release may be considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes that its expectations are based upon reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. For additional information and risks related to the Company, please refer to its reports filed with the Securities and Exchange Commission.