This year, the White House recognizes the best of the
Nation's K-6 mathematics and science teachers.ostp.

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(OTC BB: PRVH, Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a
provider of international advisory services specializing in mergers and
acquisitions, announced today that its wholly owned subsidiary , American
International University, has officially changed its name to Advantage
Education Group . The teachers will be in the
Nation's capital from April 11-16, 2005, to receive the award and participate
in a variety of educational and celebratory events.eop.gov.

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phiglobal. The award was
established in 1983. John H.

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Henry Fahman, Chairman and CEO of Providential Holdings, stated,
"Advantage Education Group will serve as a holding company for educational
institutions that offer undergraduate and graduate programs in the US and
abroad.
The awardees are selected from mathematics and science teachers in all 50
States, the District of Columbia, Puerto Rico, the U.

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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.

For more information, contact:
OTC Financial Network Providential Holdings, Inc.com
http://www.com

For a complete listing of the 2004 awardees visit http://www.paemst.

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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.phiglobal. WASHINGTON, President George W.gov.

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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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The awards are administered by the National Science Foundation. The Director of
OSTP serves as co-chair of the President's Council of Advisors on Science and
Technology and oversees the National Science and Technology Council on behalf
of the President.

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They will also meet with members of Congress and the Administration to discuss
the latest issues in mathematics and science teaching, and share their
expertise and viewpoints with their colleagues.

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Territories, and the
U. The
1976 Act also authorizes OSTP to lead an interagency effort to develop and to
implement sound science and technology policies and budgets and to work with
the private sector, state and local governments , the science and higher
education communities, and other nations toward this end.

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Providential Holdings (http://www.S.

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After an initial selection process at the
State or Territorial level, a national panel of distinguished scientists,
mathematicians, and educators recommends teachers to receive the Presidential
Awards., to accept a certificate.
During the week the teachers will tour the White House and be honored in
an awards ceremony hosted by Dr.

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-- American International University Changes Name to Advantage Education Group
--

LOS ANGELES, Providential Holdings, Inc. Marburger III, Science Advisor to the
President and Director, White House Office of Science and Technology Policy.

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Providential Holdings Subsidiary to Serve as a Holding Company for Post- Secondary Education Facilities

and foreign companies.
Rick McCaffrey, Investor Relations Henry Fahman
781-444-6100 x625 714-843-5450 x 5455
info@phiglobal.

President Honors Nation's Leading Elementary School Math and Science Teachers

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org.

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"

About Providential Holdings, Inc.com) and its subsidiaries
engage in a number of diverse business activities, the most important of which
are M+A advisory services, precision cutting tools, and international markets.

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Awardees receive a $10,000 educational grant for their schools and a trip
to Washington, D.C.

CONTACT: Bob Hopkins of the Office of Science and Technology Policy,
+1-202-456-6098, or rhopkins@ostp.

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

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S. Department of Defense Schools.

About the Office of Science and Technology Policy
Congress established OSTP in 1976 with a broad mandate to advise the
President and others within the Executive Office of the President on the
impacts of science and technology on domestic and international affairs.

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We believe there are great opportunities in the for-profit education
sector , thanks to the advent of the Internet, which makes on-line learning a
way of life. Also with rising ambition levels prompting many US workers to go
back to school to enhance their skills and the ever -growing international
student populations who wish to have an American degree, we expect education
demand to remain strong in the future. Bush today
announced that 95 educators will receive the annual Presidential Awards for
Excellence in Mathematics and Science Teaching for 2004.

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