EXHIBIT 99
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                                 Scott M. Quist
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1/       Received pursuant to a 5% stock dividend paid on January 22, 2005.


2/       Owned jointly by the reporting  person and his wife,  Lisa Quist.  Does
         not include 93,237 shares of Class A Common Stock and 209,086 shares of
         Class  C  Common  Stock  owned  indirectly  by  the  reporting  person,
         including  (A) 14,745  shares of Class A Common Stock and 18,386 shares
         of Class C Common Stock held by  Associated  Investors,  a Utah general
         partnership  (including  702  shares  of Class A Common  Stock  and 876
         shares of Class C Common  Stock that were  allocated  to the  reporting
         persons partner's  account in Associated  Investors on January 22, 2005
         pursuant to a 5% stock  dividend  declared on December  10,  2004),  of
         which  the  reporting   person  disclaims  voting  and  investment  and
         investment  powers with  respect to such shares;  (B) 27,624  shares of
         Class  A  Common  Stock  acquired  pursuant  to the  Security  National
         Financial Corporation Tax-Favored Retirement Savings Plan (401(k) Plan)
         and allocated to the reporting person's account (including 2,063 shares
         of Class A Common Stock the reporting  person acquired under the 401(k)
         Plan between  April 1, 2004 and December 31, 2004,  and 1,315 shares of
         Class A Common  Stock that were  allocated  to the  reporting  person's
         account on January 22, 2005 pursuant to a 5% stock dividend declared on
         December 10, 2004), of which the reporting  person disclaims voting and
         investment  powers with  respect to such shares;  (C) 20,289  shares of
         Class A Common  Stock  and  190,700  shares  of  Class C  Common  Stock
         acquired under the Employee Stock Ownership Plan (ESOP), in reliance on
         old Rule 16a-8(g)(3)  (including 966 shares of Class A Common Stock and
         9,081  shares  of Class C  Common  Stock  that  were  allocated  to the
         reporting  person's  account on January 22, 2005 pursuant to a 5% stock
         dividend  declared on December 10, 2004), of which the reporting person
         disclaims voting and investment powers with respect to such shares; and
         (D) 30,579 shares of Class A Common Stock  acquired  under the Security
         National Financial  Corporation  Deferred  Compensation Plan (including
         6,553  shares of Class A Common  Stock the  reporting  person  acquired
         under the Deferred Compensation Plan between April l, 2004 and December
         31, 2004,  and 1,456 shares of Class A Common Stock that were allocated
         to the reporting  person's account on January 22, 2005 pursuant to a 5%
         stock  dividend on December 10, 2004),  of which the  reporting  person
         disclaims voting and investment powers with respect to such shares. The
         reporting  person  disclaims   beneficial  ownership  of  the  reported
         securities except to the extent of his pecuniary interest therein.

3/       Grant to reporting person of options to purchase 70,000 shares of Class
         A Common Stock under the Security National  Financial  Corporation 1993
         Stock Option Plan.  The options  became  exercisable on March 21, 2003,
         but any shares of Class A Common  Stock  acquired  from the exercise of
         the options shall be forfeited if the reporting  person does not remain
         employed by the Company for the later of (i) five years  following  the
         date of grant,  or March 21, 2008, or (ii) two years following the date
         these options have been exercised by the reporting person.

4/       Grant to  reporting  person of options to  purchase  500,000  shares of
         Class C Common Stock under the Security National Financial  Corporation
         2003 Stock  Option Plan.  The options  became  exercisable  on July 16,
         2004.  Pursuant to the Company's Amended Articles of Restatement of the
         Articles of Incorporation,  each ten shares of Class C Common Stock may
         at any time be converted  into one share of Class A Common  Stock.  The
         Class A Common Stock is publicly  traded on the Nasdaq Stock Market but
         the  Class C Common  Stock is not  publicly  traded.  Accordingly,  the
         exercise  price of the  options  to  purchase  Class C Common  stock is
         one-tenth  (1/10) of the closing sale price of the Class A Common Stock
         on the date such options are  exercised.  The closing sale price of the
         Class A Common Stock was $3.60 per share on July 16, 2004.

5/       Grant to  reporting  person of options to  purchase  500,000  shares of
         Class C Common Stock under the Security National Financial  Corporation
         2003 Stock Option Plan. The options became  exercisable on December 10,
         2004.  Pursuant to the Company's Amended Articles of Restatement of the
         Articles of Incorporation,  each ten shares of Class C Common Stock may
         at any time be converted  into one share of Class A Common  Stock.  The
         Class A Common Stock is publicly  traded on the Nasdaq Stock Market but
         the  Class C Common  Stock is not  publicly  traded.  Accordingly,  the
         exercise  price of the  options  to  purchase  Class C Common  stock is
         one-tenth  (1/10) of the closing sale price of the Class A Common Stock
         on the date such options are  exercised.  The closing sale price of the
         Class A Common Stock was $3.23 per share on December 10, 2004.