SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

June 23, 2011 09:00 ET

(NVAE) Savanna East Africa to Report on Recent Nairobi Stakeholder Meetings to Include Acquisition Updates, Key Project Developments and Trade Mission Plans

DALLAS, TX--(Marketwire - Jun 23, 2011) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) has scheduled a Webcast Trip Report for release Tuesday, June 28th to its website www.savannaea.com. Last week, senior management and key stakeholders met in Nairobi, Kenya to work on a number of strategic next steps for the Company. A main focus of the meeting was next steps towards the acquisition of a condom manufacturing facility under construction in Kenya, anticipated to provide local manufacturing to help fill the condom shortage in Kenya. Earlier this year Kenya experienced a shortage of condoms with Kenya's government making an appeal to the U.S. government for emergency funding (http://www.standardmedia.co.ke/InsidePage.php?id=2000031810&cid=4&). Kenya currently uses approximately 20 million condoms a month, nearly double the number just seven years ago. As AIDS education grows, the demand for condoms has grown and is expected to continue. Kenya's National Aids Strategic Plan 2009-2013 hopes to reach a monthly distribution target of 28 million condoms per month.

Additionally, the meetings focused on finalizing plans for a Trade Mission later this year to Kenya. The Trade Mission is intended to encourage investment into East African regional small and medium enterprises (SMEs). Savanna East Africa hosted a pilot Trade Mission last year in Nairobi with the United Nations International Strategy for Disaster Reduction (www.unisdr.org) and the Small Equity Initiative (www.smallequity.com) with a program intended to stimulate small and medium enterprise investment in high growth potential business sectors through reverse merger and PIPE financing strategies. The UNISDR's participation is specifically intended to urge private sector innovation and investment aimed at reducing disaster risk. To learn more about the Private Sector and the UNISDR, please visit: http://www.unisdr.org/partners/private-sector. To learn more about the Trade Mission planned for October 2011, please email info@savannaea.com.

Savanna East Africa is concentrating on developing high growth potential capacities within the housing, healthcare and high tech sectors in East Africa, initially in Kenya and with plans to explore widening its business development into Ethiopia. Nairobi is the capital and largest city in Kenya, as well as the most populated city in East Africa. Nairobi is also home of the UN-HABITAT headquarters and the United Nations International Strategy for Disaster Reduction Regional Offices for Africa. Addis Ababa is the capital of Ethiopia, with over three million people, and the headquarters of the African Union and United Nations Economic Commission for Africa.

About Savanna East Africa, Inc. (www.savannaea.com)
Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) launched an updated corporate strategy last year to pursue several business lines in the growing economy of East Africa, initially in Kenya. Savanna has already begun several initiatives in the region to include initiatives in the Technology, Utility, Housing and Health products industries. The Company is also continuing to grow its existing oil and gas reclamation business with new management and business strategies. Savanna East Africa is a fully-reporting company with audited financial statements quoted on the new 'OTCQB.'

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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