SOURCE: Maisonette International Enterprises Ltd.

February 27, 2007 12:25 ET

Maple Seal Homes Ltd. Receives Preliminary Orders for Houses in France

VANCOUVER, BC -- (MARKET WIRE) -- February 27, 2007 -- Maple Seal Homes Ltd. "MSH" http://www.maplesealhomes.com the wholly owned Canadian subsidiary of Maisonette International Enterprises Ltd. "the Company" (PINKSHEETS: MAEN) http://www.maisonetteworld.com is pleased to announce that it has received a verbal commitment for one or more homes to be shipped in France before the end of the Summer of 2007.

Maple Seal Homes has received several inquiries from France but this time it has received a firm verbal commitment for its first project to be shipped by the Summer of 2007. MSH has met with its European partner and has been discussing the projects and is looking forward to start production of its first project destined for France. In addition to this particular project, MSH is working on several larger commercial projects for the years 2007 and 2008.

In addition to its efforts in France, MSH is in contact with its U.K. partner in order to gauge the timing of the potential building of up to twenty eight new homes on a pristine golf course in the United Kingdom and move on to more such projects. MSH is expected to hear more on this project by June 2007, where about four to eight homes are to be shipped first and the remainder, depending on the success of the first shipment, will be shipped in 2008.

The Company is very pleased with the progress of its partnerships in the UK, France and the USA and is planning to push its sales efforts further once the first wave of sales bring sufficient funds to warrant more aggressive sales efforts. MSH is expecting to ship up to 100,000 square feet per year from 2010 onward if all the technicalities of selling in the European market are solved and if market conditions allow such a bold projection. MSH does not see a slowdown in the timber housing market in Europe and is actually seeing an increased awareness of the environmental advantages of building with a natural material such as wood. The Company is continuing its efforts to grow its market in Europe and will publish more news for its shareholders once it has made further progress.

About Maisonette International Enterprises Ltd.

Maisonette International Enterprises Ltd. is a publicly held holding company incorporated in Nevada, USA. Its primary asset is a 100% wholly owned Canadian company called Maple Seal Homes Ltd. (www.maplesealhomes.com) with its primary activity being the sale and distribution of panelized prefabricated housing and building materials for the general public and professionals.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information