SOURCE: Beneficial Holdings, Inc.

September 01, 2009 01:32 ET

Beneficial Holdings Enters Quiet Period

MANAGUA, NICARAGUA--(Marketwire - September 1, 2009) - Beneficial Holdings, Inc. (PINKSHEETS: BFHJ), a casino investment and management holding company, today announced that it has entered into a quiet period pending further public announcements regarding the planned unsolicited offer to acquire a specific identified company.

The Company during the quiet period will not disclose any nonpublic information, comment, respond to email inquiries, or issue guidance regarding the planned acquisition until such time disclosure is warranted.

The Company intends no further announcements regarding this acquisition until its plans are instituted and initiated. The Company expects to announce such plans and the status of its intentions within a week, but in no event longer than ten (10) days.

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