Cavico Corp. Partners to Form Aircraft Leasing Company in Vietnam.

VALC to Purchase 12 Boeing 787 Dreamliners, 20 Airbus A321s

LOS ANGELES & HANOI, Vietnam -- Cavico Corp. announced today the formation of Vietnam Aircraft Leasing Joint Stock Company (VALC) to purchase aircraft that will be leased to domestic and regional airlines in Vietnam. VALC seeks to lessen the country's dependency on international airlines by increasing the number of aircraft owned by a Vietnamese company. The joint stock company will also invest in air transportation and airport services.

Cavico's partners in VALC include the Bank for Investment and Development of Vietnam (BIDV), Petro Vietnam and Vietnam Airlines. The joint stock company was created with an initial investment of US $200 million and expects investments by the partners of up to US $1 billion through 2025.

Through its partner Vietnam Airlines, VALC has signed a contract with Boeing to purchase 12 Boeing 787 Dreamliners to serve Vietnam's rapidly growing air travel industry. On behalf of VALC, Vietnam Airlines also has signed a principal contract to purchase 20 Airbus A321-200s.

Hai Thanh Tran, vice president of Cavico Corp., said, "As a leader in developing Vietnam's energy and hydropower infrastructure, Cavico is benefiting from the country's brisk economic strides. Cavico has begun to explore other rapidly growing areas of development in Vietnam and recently invested in the development of industrial hubs and urban infrastructure construction. Now we believe Cavico's reputation will help attract the financing needed to break into the aviation industry, which is burgeoning in Vietnam and throughout the Southeast Asia."

The company's stock is not currently traded. In order to obtain information about the company and news updates, investors may visit the company website, http://www.cavicocorp.com or its investor relations website at http://www.hawkassociates.com/cvcpprofile.aspx.

Cavico is preparing a Form 10 and upon filing will make an application to the OTC-Bulletin Board.

About Cavico Corp.

Cavico is a major infrastructure construction, infrastructure investment and natural resources conglomerate headquartered in Hanoi, Vietnam. Cavico is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels and urban community developments. One of the company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated investment, permitting, design, construction management and facility maintenance services. Cavico's project partners include top multi-national corporations and government organizations. The company employs more than 3,000 people. For more information, visit http://www.cavicocorp.com.

A profile for investors can be accessed at http://www.hawkassociates.com/cvcpprofile.aspx.

For investor relations questions, contact Frank Hawkins or Julie Marshall, Hawk Associates, at [phone], e-mail: [e-mail], or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com. In order to receive free e-mail notification of future releases for this company, sign up at http://www.hawkassociates.com/email.aspx.

Forward-Looking Statements 

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Cavico plans, expects, should, believes, anticipates or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. This press release speaks as of the date first set forth above and Cavico Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.