"Op GLTR has developed into the premiere action sports
instructional series in the nation, with record-breaking attendance
year after year that evidences the major relevance of female
participation to the lifestyle of action sports and to the business ,"
says Alain Mazer of Ocean Pacific (Op).

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The report includes participation patterns,
demographics and cross over sport participation; brand preferences, purchasing
behaviors and influences.tradersnation .opgirlslearntoride.

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Topics covered in the report include:

Gender, Age and Participation Profile
- Surfing Participation by Gender and Age Group
- Bodyboarding Participation by Gender and Age Group
- Favored Wave Sport by Gender and Age Group
- Length of Time Bodyboarding by Gender
- Length of Time Surfing by Gender
- Cross over Sport Participation Across Gender and Age Groups

Hard goods Brand Preferences and Purchasing Behaviors
- Where Surfboard are Purchased
- Top Surfboard Brands
- Influences on Surfboard Purchase
- Frequency of Purchase - Shortboards
- Frequency of Purchase - Longboards
- Top Wetsuit Brands
- Influences on Wetsuit Purchases
- Type of Wetsuit Purchased
- Frequency of Purchasing Wetsuits
- Top Bodyboard Brands
- Top Leash Brands
- Top Traction Pad Brands
- Top Board Wax Brands

Soft goods Brand Preferences and Purchasing Behavior
- Top T-shirt Brands
- Top Board Shorts Brands
- Top Jeans Brands
- Top Casual Shorts Brands
- Top Skate Shoe Brands
- Top Sandals Brands
- Top Backpack Brands
- Top Sunglasses Brands

Shopping and Spending Behaviors
- Average Price Paid
- Average Number Purchased Per Year
- Frequency of Shopping for Clothes
- Where Apparel/Soft goods are usually purchased
- Where Equipment /Hard goods are usually purchased
- Learning About New Brands
- What They Typically Do Online

For more information visit
http://www.researchandmarkets.

To hear the latest about Providential Holdings, be sure to listen to our
interview with Traders Nation at:
http: //www.

Chorus -- a women's specific brand that delivers snowboards, surfboards,
skateboards , wetsuits, apparel and accessories for the active girl of
today.com. The fact that Op is the title sponsor of Girls Learn to Ride
is a great bonus, as we've had a strong marketing relationship with
them from early on--Girls Learn to Ride is now a natural way for us to
expand that partnership .com

About Teen Vogue

TEEN VOGUE: FASHION STARTS HERE.

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researchandmarkets.
(Logo: http://www.motivsports.
Visit www.

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Business Editors

LOS ANGELES----Op Girls Learn To
Ride (Op GLTR), the original series of action sports instructional
clinics for females, today announced Teen Vogue as its new presenting
sponsor and etnies Girl as supporting sponsor for 2005 .

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com
Fax: +353 1 4100 980

Teen Vogue is a fashion magazine for teen girls with the
sophistication of Vogue and the energy and personal style inherent in
today's youth culture .

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com, today announces that
the Company, through its wholly owned subsidiary Providential Capital,
Inc. Teen Vogue launched with the February/March 2003 issue. Today, etnies Girl is a fusion of
action sports and fashion and offers a full line of footwear, apparel
and accessories with global appeal for the active and versatile girl.

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com).

This category lists sites for board manufacturers including snowboards , all-terrain boards, surf boards, kitesurf boards, windsurf boards, mountainboards, grassboards, and skateboards.

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Much of Teen
Vogue's architecture -- Upfront, Talking Fashion, View, People Are
Talking About, and Index -- mirrors that of Vogue but with
age-appropriate content.

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With a patented packaging method that delivers a 99% pre-built and tuned
bicycle that is retailer and consumer friendly, Motiv understands the needs
and challenges of the modern retail environment. The Company
acquires and consolidates special opportunities in selective high-growth
industries to create additional value , acts as an incubator for emerging
companies and technologies, and provides financial consultancy and M&A
advisory services to U.

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newscom.phiglobal. This transaction is expected to bring additional
revenues for the Company in form of consulting income.

Neptune -- a wake board brand that delivers wake boards, wake skates,
bindings, safety vests, wet suits, apparel and accessories for river and
lake enthusiasts.L.
The complete 2005 schedule of events can be viewed at
www .
Today, through sponsorship of world-class sporting events and
athletes and manufacture of goods ranging from apparel and footwear to
fragrances and accessories, Op, a division of The Warnaco Group Inc.

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Charts rank favored brands for each item studied by
total sample plus gender, age and frequency of participation comparative
analysis and trending comments are also included with each of the 'top brands'
charts.A.G.

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Providential Holdings Advises Motiv Sports on Merger Plan

(OTC BB: www., has entered into an agreement to provide merger and acquisition
advisory services to Motiv Sports, Inc .phiglobal."
This year, etnies Girl has signed on as supporting sponsor of the
Op GLTR program . The magazine's articles -
which cover topics ranging from health and social issues to
entertainment and beauty stories - are written in a straightforward,
journalistic tone that does not talk down to readers. The magazine is published by Conde Nast
Publications.

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The leading action sports shoe manufacturer will work
with Op GLTR to create promotions and special events online, at retail
and in its flagship skate park in Lake Forest, Calif.
(NASDAQ: WRNC), caters to an ever-growing worldwide youth culture by
remaining true to its mission: to create quality active-lifestyle
products with genuine value, authenticity and style.

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The 'top brands' section is followed
by average prices paid for each of item, number purchased per year, frequency
of shopping, and types of stores where apparel and hard goods are purchased. 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.
Now in its sixth year, Op GLTR has taught thousands of girls and women
a new action sport. For more information ,
please visit www.

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motivsports.

Providential will provide turnkey solutions to assist Motiv Sports in its
business combination plan to become a fully reporting publicly traded
company.

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.

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Providential Holdings, Inc. The Motiv family of brands and products
includes the following:

Motiv -- The Motiv branded bicycle represents all categories and price
points; from sidewalk to dual suspension mountain bikes and tandems, the
company incorporates the latest in engineering, quality and graphic appeal.

For further information about Motiv Sports, please visit
www.

Op Girls Learn To Ride Announces Teen Vogue As Presenting Sponsor Of Its 2005 Nationwide Action Sports Series; etnies Girl as Supporting Sponsor

"
Jane Grenier, Teen Vogue associate publisher , marketing, says:
"TEEN VOGUE got on board the Girls Learn to Ride program because so
many girls are interested in participating in action sports rather
than sitting on the sidelines, and also because there's an interesting
crossover between athletes and performance wear and fashion in
general .
"etnies Girl is excited for this opportunity to partner with Op
GTLR, to share our passion for skateboarding, snowboarding, and
surfing with girls in the US and Canada," says Patrice Fernandez ,
etnies Girl marketing manager.

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DUBLIN, Ireland, Research and Markets
(http://www.
The brand preferences charts rank the top ten brands of surfboards,
bodyboards, wetsuits, leashes , traction pads, waxes, T-shirts, board shorts,
jeans, casual shorts, skate shoes, sandals, backpacks and sunglasses compiled
from results of top-of-mind responses. The Motiv brand also
offers a select line of bicycle accessories, bags and backpacks.

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The influences charts rank the top 10 reasons for making a purchase; how they
learn about new brands and what they typically do online.S.com.

About etnies Girl

In 1998, etnies introduced sizing, fit and color ways specifically
designed for action sports females.

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shtml

About Motiv Sports:

Established in 1990, Motiv Sports is an American sporting goods company
that has built and earned its reputation as a marketing specialist and
supplier of goods to warehouse club wholesalers, large retail chains, and
specialty retailers worldwide. and foreign companies. In addition, Teen Vogue
will bring on some of their advertisers and marketing partners,
including Garnier, to make the experience on-site more enjoyable for
the girls.

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The Realm -- a California surf brand that delivers surfboards, wet suits,
beach cruiser bicycles, apparel and accessories to core surfers and novice
water enthusiasts worldwide. Op GLTR , now
entering its sixth year, has assembled an unprecedented 200 action
sports clinics and camps in the United States and Canada this year. In this program, skilled professionals provide
hands-on training with an emphasis on safety and skill development.com

About Op

Founded more than three decades ago, Op was the first surfboard
manufacturer to offer a full range of products for surfers both in and
out of the water.

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, a California corporation
(www. In addition, the Company will arrange a minimum of $5 million
funding for Motiv Sports to grow its business.
The clinics will be conducted by top instructors in the sports of
snowboarding, skateboarding, wakeboarding, motocross, BMX freestyle
and racing, mountain biking and surfing.
Teen Vogue will provide marketing , media and event support
throughout the year, enabling the youth-focused sports program to
reach a larger mainstream female audience. "These events reinforce our history and
commitment to women 's participation in action sports, and are the
perfect means of sharing our values of encouraging girls to express
themselves in a healthy, fun and adventuresome way.com

About Op Girls Learn To Ride(TM)

Op Girls Learn To Ride(TM) (Op GLTR), the original series of
girls-only action sports clinics, is designed to give females of all
ages the basic skills and confidence necessary to participate in
skateboarding, surfing, motocross, wakeboarding, BMX, mountain biking
and snowboarding .

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Research and Markets: Study the Latest Data on Waveriding Trends

com/reports/c16139 ) has announced the addition
of 2004 Complete Waverider Study to their offering. In
addition, Motiv's Tour de Tot All Terrain child strollers and Tour de Tot
bicycle trailers are patented suspension designs that offer a comfortable,
safe way to include small children in their cycling activities. BMX; and media partners within each sport, including
Racer X magazine, Wakeboarding magazine, SG magazine and Active. The program will host more than 200 events
throughout the United States and Canada in 2005.opgirlslearntoride.

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com/reports/c16139

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets."
For the past five years, Op GLTR has developed relationships with
the leading action sports organizers, athletes, instructional
facilities and media outlets in order to provide the highest level of
instruction to women of all ages. In addition to Op, Teen Vogue and
etnies Girl, this year's list of sponsor partners includes Teen Vogue
as presenting sponsor; etnies Girl as supporting sponsor; top venues
such as ESPN X Games skateparks, Vans Skateparks , Woodward Camps and
ski resorts throughout North America; instructional schools such as
Surf Diva , HB Wahine Surf School, Wakeboard Boot Camp, Mtbchick
racing, Mission2Ride, Honda Rider Educational Centers and MGT
Snowboarding Camps; professional associations including the IASC
(International Skateboarding Companies Association), Women's Motocross
Association, IWS (International Women's Surfing ), Women of Freestyle
and E. Like Vogue, it showcases the highest caliber of
fashion and photography , but tailors its content to teen sensibilities
and features products in a range of prices.

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com/cgi -bin/prnh/20040820/RESEARCH )
The Waveriding report reflects data collected from surveys conducted
during the summer of 2004.com/prvh.

Gouge -- a core music/skate brand that offers boards, bikes, men's &
women's apparel and accessories to the youth of today.

About Providential:

Providential Holdings (www.com) and its subsidiaries engage in a
number of diverse business activities, the most important of which are M&A
advisory services, cutting tools, and international markets. "During what will undoubtedly
be Op GLTR's busiest season ever, we're really glad to have on board
such admirable and expert partners as Teen Vogue and etnies Girl.etniesgirl.