m.m.
China Southern Airlines uses Airbus A320 or Boeing 757 aircraft on
this service.

gom nuc

PRESS RELEASE Providential Holdings to Hold More Seminars for Vietnamese Companies on Going Public and Raising Capital in the U.S.

phiglobal."

Private equity firms, underwriters, mutual funds, auditing firms,
transactional attorneys, and investor relations firms are encouraged to
participate by contacting Providential Holdings at info@phiglobal.

mth thap

com
The largest airline in The People's Republic of China for the past
13 years, China Southern Airlines -- www.S.

gom hien

and arriving in the new Baiyun International
Airport in Guangzhou at 11:30 a.

biet khuy

tieu thiet

m.vn) -- will be offering double daily
flights every Tuesday, Wednesday, Friday and Saturday with flights
departing Vietnam at 10:40 p.

phap khi

com

These events are expected to draw several hundred prominent Vietnamese
companies, both private on state-owned , which are interested in tapping
international funding for further growth.

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.

biet mth

com.

pham nusinh

com/en -- the largest airline in The People's Republic of
China, is pleased to announce expanded new Summer 2005 operations
between China and Vietnam with new double daily service .
For China Southern Airlines reservations and information, please
contact your local travel agent . (OTC BB: PRVH)
(German Stock Exchanges: PR7, WKN 935160), a provider of international
advisory services specializing in mergers and acquisitions, will hold a
series of seminars in Ha Noi, Ho Chi Minh City, Da Nang, and Can Tho,
Vietnam, during the weeks of October 3-14, 2005, to assist Vietnamese
companies in going public and raising capital through the U.phiglobal.

khi tieu

S. 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.

khuy cung

and arrive in Ho Chi Minh City at 9:15 p.m.

nuc truyen

Available now through the end of October, China Southern will be
offering daily service from Ho Chi Minh City to Guangzhou with flights
departing at 8:10 a.cs-air. capital
market.com.

nhung gom

vietnamair.

nhac pham

nhac thiet

Providential Holdings and its subsidiaries engage in a number of diverse
business activities, the most important of which are M&A advisory services,
industrial tools, and international markets.

cau phap

cs-air.m.m.
Passengers may telephone China Southern Airlines in Ho Chi Minh
City at 848-823-5588, via fax at 848-829-6800 or via e-mail at
passengerservice@cs-sgn.

pham gom

Major business and vacation
destinations served in China include: Beijing, Chengdu, Guangzhou,
Guilin, Hong Kong, Kunming, Shanghai, Shenzhen and Wuhan and as well
as international service, including: Amsterdam, Bangkok, Fukuoka,
Hanoi , Ho Chi Minh City, Islamabad, Kuala Lumpur, Jakarta, Los
Angeles, Manila, Melbourne, Moscow, Osaka , Paris, Penang, Phnom Penh,
Seoul, Singapore, Sydney and Tokyo.

thiet nuc

m.
Below is the new China Southern Summer 2005 flight schedule:

Routing China - Vietnam Flight Schedule
----------------------------------------------------------------------
Date Departure Arrival Flight
Time Time Number
----------------------------------------------------------------------
Ho Chi Minh City - Guangzhou 1234567 08:10 11:30 CZ368
------------------------------------ ----------------------------------

_23_56_ 10:40 14:10 CZ762 (VN)
----------------------------------------------------------------------
Guangzhou - Ho Chi Minh City _23_56_ 15:50 17:35 CZ761 (VN)
------------------------------------ ----------------------------------
1234567 19:55 21:15 CZ367
----------------------------------------------------------------------

In Vietnam, passengers can obtain additional flight information by
contacting: China Southern Airlines, 1st Floor, Unit 1C, Somerset
Chancellor Court, 21-23 Nguyen Thi Minh Khai Street, District 1, H Chi
Minh City , Vietnam.
Providential Holdings, Inc.

http://www.

nusinh biet

biet gom

m.

About Providential Holdings, Inc.

nhac cung

and then departing Guangzhou at 3:30 p.com/en -- connects
more than 80 cities around the globe.S. 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.

Cc trang c ln quan v gii tr, tiu khin.

biet tieu

Returning flights depart Guangzhou
at 7:55 p.

Henry Fahman, chairman of Providential Holdings, stated, "As Vietnam
continues to privatize several thousand of her State-Owned Enterprises and
prepares to join the WTO, this is an unprecedented opportunity for U.

thiet tieng

China Southern Launching Double Daily Service Between China + Vietnam; Nation's Largest Airline Offering New Summer Service With Vietnam Airlines

As part of its Summer 2005 flight schedule offering, China
Southern Airlines -- along with its code share partner Vietnam
Airlines (www. and arriving in Guangzhou at 2:10 p. For more information on Providential
Holdings and its subsidiaries , visit http://www.

thiet pham

and foreign companies.com.

tieng cau

Business Editors

HO CHI MINH CITY, Vietnam -----
China Southern Airlines (NYSE: ZNH)(HKSE: 1055) (SHA: 600029) --
www. and arriving in Vietnam at
5:35 p.

These seminars, sponsored by the Vietnamese Chamber of Commerce and
Industry , will help Vietnamese companies understand the essentials of going
public and raising capital through the US stock markets, including listing
requirements for various US exchanges, initial public offerings , spin-offs,
mergers, reverse mergers, secondary offerings, and private investment in
public equity (PIPE).
firms to participate in this vibrant market and for Vietnamese companies to
access foreign funding to further their growth.