HRciti Featured World-Renowned Author and Executive Coach, Dr. William H. Davidson for a Second Seminar in the Human Resource Development Series, Vietnam


LOS ANGELES, CA and HO CHI MINH CITY, VIETNAM--(Marketwire - April 6, 2009) - Providential Holdings, Inc. (OTCBB: PRVH) (FRANKFURT: PR7), a company engaged in M&As, real estate, mining, and special situations, today announced HRciti Corporation, www.hrciti.com, a strategic business consulting, leadership development, training and education company intent on bringing global best practices to Vietnam, has been hosting a series of seminars in Vietnam on corporate transformation, leadership skills and human capital development. HRciti has partnered with Veer, a local event organizer in Ho Chi Minh City, to hold the second seminar in the series on April 2, 2009. The seminar featured Dr. William Harley Davidson, co-founder of HRciti, on the topic of Combining Corporate Identity, Strategy, and People Systems to Create Value.

Dr. Davidson was acknowledged as the most widely cited academic in international management during the 1985-1995 decade by the Journal of International Business Studies. His book "2020 Vision" (with Stan Davis) was selected as the Best Business Book of the year by Fortune Magazine in 1992. He has written seven other books on management, and is currently finishing a new book entitled "Great China Man." Bill continues to be active in the arena of global executive development. His company, Management Education Services Associates, provides global leadership development services to a number of leading firms, including ExxonMobil, Suez, Schneider, Mahindra and Mahindra, Ingersoll-Rand and more.

"HRciti's business is building leaders, and as such we were delighted to feature such an exceptional leader as Bill Davidson for our seminar. Bill's talk served as a call to action for Vietnamese companies that have long recognized the need for change, but have made little headway in terms of planning and implementation. We are wholly committed to taking our vision to Vietnam and building top-notch professionals that will lead Vietnamese organizations to become fierce competitors in today's global marketplace," remarked Martin Doan, CEO of HRciti Corporation.

The seminar was held on Thursday, April 2, 2009 at 8:30 a.m. at the Palace Hotel, 56-66 Nguyen Hue, District 1, Ho Chi Minh City. Over 100 senior executives of leading Vietnamese companies attended this event.

For more information please visit www.hrciti.com or send an email to info@hrciti.com.

About HRciti Corporation

HRciti Corporation is intent on bringing global best practices to Vietnam through strategic business consulting, leadership development, and education. HRciti looks to provide comprehensive services to its clients from business plan writing to investment consulting, human capital restructuring to recruitment and development, and online training to executive education. HRciti's consulting services are tailored to multinational companies doing business in Vietnam and Vietnamese companies aiming to go global in the post WTO-era. Its executive team and partners include renowned academic figures and worldwide industry leaders associated with prominent universities and training institutions across the globe. HRciti provides world-class professional and practical solutions in various instrumental areas needed in Vietnam today.

About Providential Holdings

Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A and consulting services, real estate development, 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 is 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: Debbie Dang Tel: +84 90 704 8567