Providential Holdings Interviewed by British Broadcasting Corporation About Nasdaq Stock Market and Funding Seminars.

LOS ANGELES & HO CHI MINH CITY, Vietnam -- Providential Holdings, Inc. (OTCBB:PRVH) (German Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that Chairman Henry Fahman was interviewed by the British Broadcasting Corporation (BBC) regarding its current seminars in Vietnam with the Nasdaq Stock Market (Nasdaq:NDAQ).

The company is currently holding two seminars in conjunction with the Nasdaq Stock Market, the Vietnamese Chamber of Commerce and Industry, and a leading U.S. investment banking firm. The seminars are being offered to help Vietnamese companies go public and raise capital through the U.S. financial markets. This is the first time the Nasdaq Stock Market has come to Vietnam to present its services to a large audience of Vietnamese companies in Ha Noi and Ho Chi Minh City. In addition, a leading U.S. investment banking firm with emphasis in microcap and small cap is the first of its kind to enter the Vietnamese market.

The interview, which is in Vietnamese, is available at http://www.bbc.co.uk/vietnamese/business/story/2006/09/060919_usstock_ seminar.shtml. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

In the interview, Fahman discusses the benefits of the seminars for Vietnamese companies interested in a U.S. listing. He states, "Instead of waiting for foreign companies to bring money into Vietnam, Vietnamese companies now can pursue a more proactive approach by accessing the international capital markets in order to grow and elevate their competitive advantage."

For more information about the seminars, visit http://www.hawkassociates.com/prvhpr014.aspx.

About Providential Holdings, Inc.

Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services and independent energy. 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.S. and foreign companies. For more information on Providential Holdings and its subsidiaries, visit http://www.phiglobal.com.

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

For investor relations questions regarding Providential, contact Frank Hawkins or Julie Marshall, Hawk Associates, at 305-451-1888, e-mail: [e-mail], or visit http://www.americanmicrocaps.com or http://www.hawkassociates.com.

Safe Harbor: 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. 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.