Wall Street Reporter Interviews PHI Group Chairman and CEO, Henry Fahman

LOS ANGELES, CA and JAKARTA, INDONESIA--(Marketwire - Nov 18, 2011) - Henry Fahman, Chairman and CEO of PHI Group, Inc. (OTCQB: PHIE) (PINKSHEETS: PHIE), a company engaged in energy and natural resources, real estate development, and M&A advisory services, was interviewed November 18 by The Wall Street Reporter Senior Analyst Juan Costello. The interview discusses an overview of the Company, impact of recent news developments, opportunities and challenges, progress to date, and milestones in the coming months.

The interview will be featured on the front page of WallStreetReporter.com for the next 2 days and also linked to the Investor's hub page: http://www.wallstreetreporter.com/2011/11/phi-group-otcbbphie-ceo-interview/.

The Company is also pleased to invite our shareholders and investors to participate in a shareholder telephone conference.

The conference call will begin at 04:30 P.M. EST on Tuesday, November 22, 2011. To participate in the conference call, dial +1-209-647-1000 and enter Conference ID 767368#.

Topics to be discussed include the company's new developments in the area of energy and natural resources, M&A consulting and advisory services, real estate and hospitality, and short-term plans and milestones.

There will be a session for live questions and answers; however, priorities will be given to individual shareholder questions submitted at least one day in advance via email to info@phiglobal.com.

About PHI Group, Inc.

PHI Group (OTCQB: PHIE) engages in energy and natural resources, real estate development and M&A advisory and consulting services. The Company is developing Pointe91, a luxury resort and premium residential community in Chu Lai, Quang Nam Province, and other real estate projects in Vietnam through PHILand Ranch Ltd. (www.philandranch.com) (FRANKFURT: 1P8). It also assists companies to go public and access the capital markets in the U.S. and Europe. Website: 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.