SOURCE: Savanna East Africa, Inc.

Savanna East Africa, Inc.

June 30, 2011 10:35 ET

(NVAE) Savanna East Africa Steps Up Acquisition Campaign

DALLAS, TX--(Marketwire - Jun 30, 2011) - Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) plans to finalize the acquisition of a healthcare sector manufacturing company in July and announce two new acquisition letters of intent. The Company recently concluded a series of key stakeholder meetings in Nairobi. A summary of the outcome of those meetings is reviewed in an on-demand Webcast from CEO LTC Randell Torno, including more details on the anticipated acquisition and the two new opportunities added to the Savanna acquisition pipeline.

To review the CEO Webcast, visit http://bit.ly/m4SJan directly or the corporate website at www.savannaea.com. Viewers can navigate through the presentation and leave comments.

During the recent meetings management also worked on plans for a Trade Mission to Kenya scheduled for November 2011 intended to encourage investment into East African regional small and medium enterprises (SMEs). Last year, Savanna East Africa hosted a pilot Trade Mission to Kenya 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 November 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. The recent stakeholder meetings had been scheduled to include meetings in Addis Ababa, however those meetings were rescheduled for later this year due to the eruption of the Eritrean volcano, which temporarily made parts East Africa's air space unsafe for commercial jets to fly. 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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