Summary of LIFE PARTNERS HOLDINGS INC

Item 5.07. Submission of Matters to a Vote of Security Holders

Life Partners Holdings, Inc. ("we") held our 2012 Annual Meeting of Shareholders on August 6, 2012. As of the record date of June 7, 2012, there were 18,647,468 shares of Common Stock outstanding and entitled to vote at the meeting. The holders of 16,788,911 shares of Common Stock were represented in person or by proxy at the meeting, constituting a quorum. The following is a summary of the matters voted upon at the Annual Meeting and the votes cast on each matter.

The shareholders elected our nominees for the Board of Directors (the "Board"). The nominees, the number and type of votes, and the number of broker non-votes were as follows:

                  Votes For  Votes Withheld  Broker
                                            Non-Votes
Brian D. Pardo    11,075,542      1,637,629 4,078,740
R. Scott Peden    11,152,888      1,557,283 4,078,040
Fred Dewald       12,553,931        156,240 4,078,740

Tad M. Ballantyne 11,382,266 1,327,905 4,078,740 Harold E. Rafuse 12,549,611 160,560 4,078,740

The shareholders approved amendments to our Articles of Incorporation to reflect changes in Texas law. The numbers and type of votes cast were as follows:

Votes for approval 12,559,547

Votes against         122,564
Abstentions            28,060
Broker non-votes    4,078,740

The shareholders ratified the appointment of Whitley Penn, LLP as our independent registered public accounting firm for the fiscal year ending February 28, 2013. The number and type of votes cast were as follows:

Votes for approval 16,323,561
Votes against 417,472
Abstentions 47,878

There were no broker non-votes for this item.

The shareholders recommended to approve, by non-binding vote, executive compensation. The number and type of votes cast were as follows:

Votes for approval 12,422,775

Votes against         254,161
Abstentions            33,235
Broker non-votes    4,078,740

At our Annual Meeting convened on January 24, 2012, shareholders cast an advisory vote expressing a preference for annual advisory votes on executive compensation. The shareholders' preference was consistent with the recommendation of our Board, which determined to hold future non-binding, advisory votes on executive compensation at each Annual Meeting.

Item 8.01. Other Events

On August 7, 2012, we issued a press release covering our annual meeting.

On August 8, 2012, we issued a press release announcing the declaration of a dividend of $0.10 cents per share payable on or about September 15, 2012, to shareholders of record as of September 3, 2012.

The press releases are furnished as an exhibit and are posted on our website (www.lphi.com).

The information in this Form 8-K under Item 8.01 and Exhibits 99.1 and 99.2 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific referencing in such filing.