AP Henderson Group Signs Letter of Intent to Acquire the Assets and Operations of Hyundai MultiCAV Shanghai Co., Ltd.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--March 16, 2004

AP Henderson Group (OTCBB:APHG) is pleased to announce that it has signed a Letter of Intent ("LOI") with Hyundai MultiCAV Shanghai Co., Ltd. ("HMSC") to acquire 100% of its current operations in Shanghai, China, and 83,888 square meters (approximately 902,963 square feet) of factory building located in Shandong, China.

APHG is to acquire all assets and operations of Hyundai MulitiCAV Computer Shanghai Co., Ltd., including 500 acres of land use rights and 83,888 square meters of factory building located in Shandong, China. The acquisition is a strategic fit for APHG as HMSC is a joint venture with the Hyundai MultiCAV, a major computer and network electronic manufacturer in Korea.

Following the transaction, APHG intends to establish eight new production lines in the Shandong factory acquired from HMSC to expand its current production capacity. APHG intends to utilize the assets and operations acquired from HMSC to manufacture and sell APHG's patented multi-screen Slide View laptop notebook computer design, X-panel(TM). According to the LOI, one of HMSC's current shareholders, the Hyundai MultiCAV of Korea ("HMC"), plans to migrate 80% of its OEM production to these factories in China over the next five years. APHG, acting as HMC's contract manufacturer, intends to conduct the contract manufacturing from the Shanghai and Shandong factories to be acquired from HMSC.

The transaction is subject to completion of due diligence, execution of a definitive agreement and any regulatory approvals. Both companies intend to close the transaction within a timely fashion.

Mr. Richard Henry, President and CEO of APHG, commented, "We are excited about this opportunity to join force with Hyundai MultiCAV Shanghai. We have been seeking a partner to jointly develop our patented Slide View laptop design, which offers multiple slide out screens on a laptop computer. Hyundai MultiCAV Shanghai has experience in desktop and notebook computer manufacturing. The two companies' joint efforts will result in greater exploration into the personal computer market in China."

About Hyundai MultiCAV Computer Shanghai Co., Ltd.

Hyundai MultiCAV Computer Shanghai Co., Ltd. ("HMCS") is the first joint venture company that the Korean Hyundai Multicav Co. ("HMC") has established in the People's Republic of China. HMC, a member of the well known Hyundai Group of Korea, is a name brand computer manufacturer and publicly listed on Kosdaq, with products including computer hardware (desktop, laptop, server communication equipment, plasma TV, digital monitor equipment and many other computer and internet related products, software and online gaming programs). HMCS currently has over twenty-four regional sales offices in China and 295 employees. HMCS commenced revenue operations in November 2003 and as of the date of the Letter of Intent has a total asset of $40 million.

About AP Henderson Group

AP Henderson Group (OTCBB:APHG), an emerging company that utilizes its market presence in the United States and extensive experience with enterprises in the greater China region, aggressively identifies and pursues the best business opportunities available. APHG targets valuable venture opportunities both in the high-technology and technology driven manufacturing industries.

AP Henderson Group with its wholly owned subsidiary Slide View Corporation, is the sole beneficial owner of US Patent number 6,532,146 and 6,667, 877 for its innovative multi-display laptop computer and peripheral device design with multi-lateral slide-out display panel(s). Slide View Corp. is granted exclusive patent rights to piggy-backed, side-by-side monitor screens in a laptop, which covers two versions. In one version, a second and/or third screen is stored in the main screen's housing. In another version, the second and/or third screen is separable, snapping on or off the first screen's housing. The two patents combined granted Slide View exclusive rights on the only fully retractable dual or triple side-by-side monitor screens on a laptop.

FORWARD LOOKING STATEMENTS

The statements contained in this press release that are not historical are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. We intend that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, among other things: (1) the continued development and completion of the X-panel products; (2) expected revenue and earnings growth; (3) estimates regarding the size and our penetration of target markets for the X-panel products; (4) availability of working capital. These statements are qualified by important factors that could cause our actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) our present lack of working capital and our ability to obtain working capital as required, (2) our management's lack of experience in the production and marketing of computer peripherals; (3) the early stage of development of our X-panel products. These forward-looking statements are made as of the date of this release, and the company assumes no obligation to update such forward-looking statements. Refer to the company's reports filed with the Securities and Exchange Commission for more information.