Exhibit 99.1

        SECURED DIVERSIFIED INVESTMENT LTD. ANNOUNCES APPOINTMENT OF TWO
                             INDEPENDENT DIRECTORS

NEWPORT BEACH, CA- December 20, 2004 - Secured Diversified Investment, Ltd. (OTC
Bulletin Board: SCDI), a diversified real estate holding and financial services
company, today announced that the Board of Directors has increased the number of
directors to seven and has appointed two independent directors, Ron Robinson and
Bruce E. Duquette. Mr. Robinson had previously served as a Director until
October 5, 2004, when he resigned. Mr. Robinson has since agreed to re-join the
Board.

Mr. Duquette is a Vice President and Financial Consultant to US Bancorp
Investments and Insurance and is licensed as a real estate broker and to sell
securities. Mr. Duquette has substantial experience in real estate acquisition
and financing.

Clifford L. Strand, President of the Company, stated, "We are extremely pleased
to welcome Ron Robinson and Bruce Duquette to the Board of Directors. We are
grateful that Ron Robinson has agreed to return and continue providing us his
valuable insight and judgment. Bruce Duquette's experience in all aspects of
real estate transactions, and his independent judgment will be very valuable to
management."

ABOUT SECURED DIVERSIFIED INVESTMENT, LTD.

Secured Diversified Investment, Ltd. is a diversified real estate holding and
financial services company. It is diverse in its industry segment by acquiring
and owning/managing office buildings, shopping centers, hotels, apartment
buildings and self storage buildings. The company intends to build a portfolio
of income generating assets that will be, as a whole, less sensitive to economic
downturns in any particular region of the United States or in any particular
industry. Presently, the focus is on acquiring properties valued in the $5-20
million range.

For additional information please visit the company's website: www.sdiltd.net.

Note: Certain statements in this news release may contain "forward looking"
information within the meaning of Rule 175 under the Securities Act of 1933 and
Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor
created by those rules. There can be no assurance that such forward-looking
statements will be accurate and actual results and future events could differ
materially from those anticipated in such statements.

For further information, please contact: Mark Taggatz of Secured Diversified
Investment, Ltd., +1-760-329-4304 or email: taggatz@earthlink.net.

SOURCE Secured Diversified Investment, Ltd.