Cavico Corporation Announces Reorganization of its Main Subsidiaries.

LOS ANGELES & HANOI, Vietnam -- Cavico Corporation announced today the reorganization of the company's seven primary operating units, all of which are share companies.

Cavico CEO Ha Quang Bui said, "This reorganization strengthens our ability to continue the growth of Cavico and further defines the business direction of each of our major subsidiaries. Cavico has at least four seats on the five-person board of directors for each of these companies. This enables us to carefully coordinate their activities in the best interests of Cavico and our shareholders. The financial results of each of these subsidiaries will be consolidated into future Cavico financial statements."

The following are names and details of each company:

[TABLE OMITTED]

Besides Cavico Mining, which is currently listed on the HoChiMinh Stock Exchange (HOSE), Cavico plans to list the other six share companies on the HOSE or Hanoi Stock Exchange (HASTC) in the year 2008 or 2009.

Cavico Corporation's stock is not currently traded. 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 currently preparing a Form 10 and upon filing will make an application to the Over-the-Counter 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.