SOURCE: Beneficial Holdings, Inc.

Beneficial Holdings, Inc. (Pink Sheets: BFHJ)

January 28, 2010 00:01 ET

Beneficial Holdings, Inc. Provides Dividend Update

MANAGUA, NICARAGUA--(Marketwire - January 28, 2010) - Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), a casino investment and management holding company, today updated shareholders as to the progress of its dividend.

After extensive consultations with the transfer agent and review of documentation from FINRA, the Company clarifies that it will be issuing additional shares in the form of a dividend, not a stock split. This means that we will not change our symbol and there will not be a new CUSIP number. Rather, the additional shares will be delivered through the Depository Trust & Clearing Corporation. Shareholders with physical certificates will be given instructions shortly after the dividend.

For every single one share owned by a shareholder on the ex-date (to be announced), the shareholder will receive six additional common shares. This means if you have 10,000 shares of our stock, you will have a total of 70,000 shares after the dividend.

BFHJ will announce the ex-date for the dividend as soon as practicable. The ex-date may be as soon as a day after the announcement depending on the Company receiving approval notifications.

About Beneficial Holdings, Inc.:

Beneficial Holdings, Inc. is an international casino investment and management holding company, specializing in acquiring undervalued gaming assets. The Company presently maintains two physical gaming properties and is in the process of taking possession of a third property in early February 2010. The company currently maintains capitalization of 129,000,000 authorized shares, of which 89,587,907 are restricted. The company funds its acquisitions with private investment capital with the intent to increase shareholder value while building a world-class gaming operation. The company maintains no convertible debt.

This release does not constitute an offer of securities for sale. It contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause results to differ. Statements are based on information available as of today and the company undertakes no obligation to update any statement to reflect future occurrences.

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