ERNST & YOUNG ANNOUNCES GUARANTEED RATE INC. CEO VICTOR CIARDELLI AS THE ENTREPRENEUR OF THE YEAR 2012 WINNER IN THE MIDWEST REGION

FOR IMMEDIATE RELEASE:

CHICAGO, IL - June 22, 2012 - Ernst & Young LLP today announced that Victor Ciardelli, President and CEO of Guaranteed Rate, America's Fastest Growing Mortgage Compnay, received the Ernst & Young Entreprenuer of the Year 2012 award in the Financial Services Category in the Midwest Region.  The award recognizes outstanding entreprenuers who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Ciardelli was selected by an independent panel of judges, and the award was presented at a special gala on June 21, 2012 at the Hilton Chicago Hotel.

"This award really reflects the talent, dedication and outstanding management team and employees across the company. Together we have worked hard to execute on our strategies and achieve our goals. I'm very proud of what we have accomplished and look forward to our continued growth and success in the years to come", stated Ciardelli.  I'm extremely proud to accept this award on behalf of everyone at Guaranteed Rate."

As a Midwest award winner, Victor Ciardelli is now eligible for consideration for the National Entrepreneur Of The Year 2012 Award. Award winners in several national categories, as well as the National Entrepreneur Of The Year Award Winner, will be announced at the annual awards gala in Palm Springs, California, on November 17, 2012. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation's most prestigious gathering of high-profile, market-leading companies.

About Guaranteed Rate

Guaranteed Rate Inc. is America's Fastest Growing Mortgage Company.  The company has helped over 100,000 people with their home purchases and refinancings.  With its full service solution and 127 offices in 47 states, Guaranteed Rate assists customers the way they choose - face to face, over the phone, or online - and has funded over $34 billion in home loans since 2001.  Visit www.guaranteedrate.com for more information.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored in the United States by SAP America and the Ewing Marion Kauffman Foundation.  Ernst & Young is a global leader in assurance, tax, transaction and advisory services.  Worldwide, it's 152,000 people are united by shared values and an unwavering commitment to quality.  For more information about the organization, please visit www.ey.com

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Contact:

Tiffany R. Cummins

TRC & Associates

(925)212-4200

tiffany@trcassociates.com

www.trcassociates.com