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Integrity Mutual Funds, Inc. Announces Third Quarter 2007 Earnings

Contact:  Mark R. Anderson 701/852-5292

MINOT, NORTH DAKOTA - (November 13, 2007) - Integrity Mutual Funds, Inc. (IMFD.OB), a mutual fund and financial services company, today reported revenues for the third quarter of 2007 of $10,197,203, a 45% increase from revenues of $7,015,276 for the third quarter of 2006.  Revenues for the nine months ended September 30, 2007 were $28,908,836, a 47% increase from revenues of $19,719,141 for the nine months ended September 30, 2006.

The Company reported net income of $284,351, or $0.01 per diluted share, for the third quarter of 2007, compared to a net loss of $118,801, or $0.01 per diluted share, for the third quarter of 2006.  Net income for the nine months ended September 30, 2007 was $353,842, or $0.02 per diluted share, compared to a net loss of $149,999, or $0.02 per diluted share, for the nine months ended September 30, 2006.

The increases in earnings and revenues were due primarily to increased commission and fee income in the Company’s broker-dealer division.
 
Integrity Mutual Funds, Inc. is publicly traded over the OTC Bulletin Board under the symbol IMFD.OB. With its subsidiaries, Integrity Money Management, Inc., Integrity Fund Services, Inc., and Integrity Funds Distributor, Inc., the firm sponsors, manages, and advises mutual funds. IMFD also owns Capital Financial Services, Inc., a full-service brokerage firm that specializes in providing investment products and services to independent investment representatives, financial planners, and investment advisors throughout the United States. More information is available at http://corp.integrityfunds.com or by calling (800) 276-1262.
 
Contact:
Integrity Mutual Funds, Inc.
Mark R. Anderson, 701-852-5292




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