Sovereign Exploration Associates International, Inc. Displays Recovered Coins and Artifacts.

NEWTOWN, Pa. -- Sovereign Exploration Associates International, Inc. (OTCBB:SVXP) announced today that photographs of some of the coins and other artifacts recovered from two of its site operations are now available for viewing on its web site (www.sea-int.com). Artifacts recovered from both sites indicate that there are multiple ships at each site. The Company's highly experienced experts are in the process of conserving and evaluating thousands of artifacts recovered from the sites over the last two years. SEAI has retained an independent third party to appraise the artifacts. The collection is comprised of a number of important pieces including gold and silver coins.

As the conservation work progresses, additional items will be displayed on the website with appropriate comments by the experts. Bob Baca, CEO of Sovereign Exploration Associates International, Inc., said, "Each week, I am more excited about what we have recovered and we look forward to sharing information with our shareholders, collectors and other interested parties through our new website".

About Sovereign Exploration Associates International, Inc.

Sovereign Exploration Associates International, Inc. (OTCBB:SVXP) is a Business Development Company under the Investment Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.

SAFE HARBOR 

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the failure of the ships to contain cargo of historic, archeological or intrinsic value, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.