LOS ANGELES, CA and SHANGHAI, CHINA--(Marketwire - March 2, 2009) - Providential Holdings, Inc. (OTCBB: PRVH) (FRANKFURT: PR7) (WKN 935160), a company engaged in mergers and acquisitions, real estate development, mining, and investing in special situations, announced today that its Chairman and CEO Henry Fahman is presenting at The International PIPEs Conference to be held from March 23-25, 2009 at Pudong Shangri-La, Shanghai, China.

This International PIPEs Conference 2009 is one of the most influential events covering finance and law pertaining to going public, raising capital and cross-border investment in small-cap Asian companies. This is also a great chance to experience China and join the largest gathering of company management teams in Shanghai. This event will offer technical education on laws and deal structures, company presentations, networking, and opportunities to network with Chinese-based and other Asian companies seeking financing.

Henry Fahman will be joined by a group of experts, including Richard Friedman, Sichenzia Ross Friedman Ference; Mandar Jayawant, Frontier Investment & Development Partners; Raymond Oh, Morrison & Forester; Kim Song Tan, Cambodia Laos Investment and Development Fund; and additional panelists, to discuss other opportunities in frontier markets in Asia including Japan, Hong Kong, Singapore, Vietnam, Cambodia, Laos, and Mongolia.

For more information, visit www.dealflowmedia.com/shanghai or call (516) 876-8006.

About DealFlow Media, Inc.

DealFlow Media was founded in 2003 with the launch of The PIPEs Report, a research publication for those in the equity private placement market. With the launch of The PIPEs Conference in 2003, DealFlow Media distinguished itself as the premier provider of finance conferences on Wall Street. The PIPEs Conference has become the largest and most important event for everyone in the equity market.

DealFlow Media has hosted a number of international conferences in London and Hong Kong. Last year The International PIPEs Conference in Hong Kong attracted investors, investment bankers, attorneys and companies from China to network and conduct business. DealFlow Media is dedicated to bringing high-quality finance conferences to Asia that help introduce U.S. and international investors to Chinese companies.

About Providential Holdings

Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A, consulting services, real estate, mining and investing in special situations. The Company assists companies to go public and raise capital, develops "Pointe 91," a luxury resort and premium residential community in Chu Lai, central Vietnam, through Philand Corporation (www.philandranch.com), and engages in mining through PHI Mining Group (www.phimining.com). The Company's main web site address: www.phiglobal.com.

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.

Contact Information: Contact: Henry Fahman Tel: +84-909699523