SOURCE: Expo Holdings, Inc.

July 09, 2008 13:21 ET

Expo Holdings, Inc. Retires an Additional 229,040,000 Shares of Common Stock, Clarifies Share Structure

NORTH WILKESBORO, NC--(Marketwire - July 9, 2008) - Expo Holdings, Inc. (PINKSHEETS: EXPH), a holding Company, which wholly owns D&D Displays, Inc., is pleased to announce today it has retired an additional 229,040,000 shares of common stock. In conjunction with the retirement announced on June 26th, the company has retired a total of 333,076,000 shares of common stock. The company expects additional retirements to occur.

The company would like to state that the current issued and outstanding shares of the company are 347,358,619 with an effective float of approximately 294,686,047 shares.

The delay in retirement was caused by a failure of a brokerage house to deliver the certificates in a timely manner. The clearing house for the brokerage firm sent and requested removal of the restrictive legend on one of the certificates in question. The transfer agent took possession of the certificate and retired the shares per company instructions. The transfer agent did not honor the request to remove the restrictive legend and did not return the certificates to the clearing house. Initial contact has been made with the SEC regarding this matter. The company will update shareholders as events unfold.

About Expo Holdings, Inc.

Expo Holdings operates in North Wilkesboro, NC. D&D Displays is a wholly owned subsidiary of Expo Holdings, which specializes in custom cabinetry and high end store fixtures for retail vendors such as Newell-Rubbermaid, Inc., Bosch Tool Corporation, Kronotex, USA, and S&K Men's Wear. D&D Displays has been in operation since 2000 and joined Expo Holdings in 2006.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

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