Providential Holdings to Present at Real Estate Investment World Asia 2008 Conference

LOS ANGELES, CA and HANOI, VIETNAM -- (MARKET WIRE) -- 06/17/08 --

Providential Holdings, Inc. (OTCBB: PRVH), which operates in merger and acquisitions consultancy, financial services, independent energy and resources, real estate development and invests in special opportunities, today announced that its CEO Henry Fahman, and Project Director for PHILAND Corporation, Daniel St. John, will present at the Seventh Annual Real Estate Investment World (REIW) Asia 2008 Conference in Singapore. The conference is scheduled for June 23 to 26.

The REIW Asia 2008 is a set of three interlinked conferences: the Specialty & Branded Real Estate, the Real Estate Investment World Asia and the Real Estate Investment World Vietnam. This program offers a relevant, diverse and interactive format, fronted by more than 200 industry experts, showcasing concepts, strategies and leading companies involved in real estate investment and capital management industries in Asia Pacific. For more information, please visit: http://www.reiwasia.com.

Fahman and St. John will participate in two panel discussions. "The Beckoning of Vietnam Realty" panel on June 24 will discuss how to increase visibility among foreign markets and investors, tap into Vietnam's opportunity reservoir and forecast the investment potential of real estate trends there. On June 26 Providential will moderate the "Property Funds Voice Out" panel, which will discuss the benefits of investing in Vietnamese real estate, leveraging private equity and venture funds, asset allocation and other opportunities in the Vietnamese real estate market.

About Providential Holdings, Inc.

Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and investing in the rapidly growing economies of Vietnam and Asia. As part of its activities in Vietnam, Providential has been hosting seminars in conjunction with the Nasdaq Stock Market, the Vietnamese Chamber of Commerce and Industry and leading U.S. investment banking firms, to help Vietnamese companies go public and raise capital through the U.S. financial markets. For more information on Providential Holdings, visit http://www.phiglobal.com. For information about PhiLand's Pointe91 project in Vietnam, visit http://www.philandcorp.com/P91%20Site%20Plan.htm

A profile for investors can be accessed at http://www.hawkassociates.com/prvhprofile.aspx.

For investor relations questions regarding Providential, contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.com, or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com. To sign up for free e-mail notification of future releases, visit http://www.hawkassociates.com/email.aspx.

Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

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Investor Relations Contact:

Hawk Associates, Inc.

Frank N. Hawkins, Jr. or Julie Marshall

Phone: (305) 451-1888

Email: Email Contact

17011 Beach Boulevard, Suite 1230

Huntington Beach, CA 92647

Telephone: (714) 843-5455

Fax: (714) 843-5455