White River Capital, Inc. (NYSE Amex: RVR) (“White River”), announced that its Board of Directors has declared a one-time special cash dividend of $4.00 per share on its common stock to be paid December 22, 2011 to shareholders of record on December 8, 2011. The aggregate amount of the payment to be made in connection with the special, one-time dividend will be approximately $14.1 million. This one-time special cash dividend will be funded by the excess availability on the line of credit of White River’s subsidiary, Coastal Credit LLC. “White River’s declaration of a one-time special cash dividend for a second year reflects our continued commitment to maximizing shareholder value,” said John Eggemeyer, chief executive officer of White River. “Given the very strong capitalization of White River, we have the resources to provide our shareholders with a significant special dividend and to retain capital to continue to grow the company.” ABOUT WHITE RIVER AND COASTAL CREDIT Founded in 2004, White River is the holding company for Coastal Credit LLC. Coastal Credit LLC is a specialized auto finance company, headquartered in Virginia Beach, Virginia, engaged in acquiring sub-prime auto receivables from both franchised and independent automobile dealers which have entered into contracts with purchasers of typically used, but some new, cars and light trucks. Coastal Credit then services the receivables it acquires. Coastal Credit commenced operations in Virginia in 1987 and conducts business in 26 states – California, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia and Washington – through its 16 branch locations. The Coastal Credit receivables portfolio, net of unearned finance charges, was $132.1 million at September 30, 2011. ADDITIONAL INFORMATION AND WHERE TO FIND IT Additional information about White River is available at White River’s web site located at: www.WhiteRiverCap.com. This site includes financial highlights, stock information, public filings with the U.S. Securities and Exchange Commission (the “SEC”), and corporate governance documents.