Pamela Schreiber
Investor Relations
Resource America, Inc.
1521 Locust Street - 5th Floor
Philadelphia, PA 19102
(215) 546-5005
(215) 546-5388 (facsimile)

Resource America, Inc. Announces Formation of Atlas Pipeline Partners, L.P.

Philadelphia, PA., August 16, 2022 - Resource America, Inc. (NASDAQ:REXI) announced today that a Registration Statement has been filed with the Securities and Exchange Commission in connection with a proposed offering by Atlas Pipeline Partners, L.P. (the "Partnership") of common units representing limited partnership interests in the Partnership.

The Partnership has been organized to acquire and operate substantially all of Resource America, Inc.'s natural gas gathering pipeline systems located in western New York, Pennsylvania and eastern Ohio.

A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

A copy of the prospectus included in the Registration Statement may be obtained from Pamela Schreiber, Investor Relations, Resource America, Inc., 1521 Locust Street, Philadelphia, PA 19102.
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