SOURCE: PHI GROUP, INC.

PHI Group, Inc.

April 26, 2011 10:15 ET

PHI Group's Asia Marketing Director to Head Hanoi-Based PHILand Investments

LOS ANGELES, CA and HANOI, VIETNAM--(Marketwire - Apr 26, 2011) - PHI Group, Inc., (PINKSHEETS: PHIE) (OTCQB: PHIE) (FRANKFURT: PR7), a company engaged in M&A advisory services, real estate development, mining, energy, and special situations, announced today that Hoang Tran Anh, the company's Director of Marketing for Asia, has been appointed to head PHILand Investments Ltd, a Hanoi-based company focused on developing real estate investment opportunities for PHILand Ranch (FRANKFURT: 1P8).

Prior to joining PHI Group and PHILand, Tran Anh, who holds a Bachelor in Tourism Business Management from the National Economic University in Hanoi and an MBA from Southern California University, served as Sales and Marketing Director for Toto Vietnam Co., Ltd., a subsidiary of Toto Kiki Ltd., Japan's leading producer of sanitary ware. Previously he served as Sales and Marketing Director for LG Electronics Inc. in Vietnam and Assistant to the Sales Division Director of Vietnam Airlines.

As President of PHILand Investments Ltd, Tran Anh has assembled a select portfolio of real estate development projects for PHILand Ranch focusing on high-potential opportunities close to the capital city of Hanoi and in a number of key Vietnam provinces. These opportunities include urban development, mixed use residential and commercial properties, healthcare, tourism and hospitality.

Along with its luxury resort and premium residential community project at Pointe91 in Chu Lai, PHILand Ranch also aims at residential and commercial development opportunities in high-demand areas like Hanoi, Ho Chi Minh City, and key Vietnam provinces that have short turnaround cycles.

Henry Fahman, chairman and CEO of PHI Group, said, "We are delighted to have Tran Anh as a key addition to our corporate team to help expand PHILand Ranch's scope of business in selective and highly rewarding areas."

About PHILand Ranch
PHILand Ranch Ltd is a United Kingdom corporation listed on the Frankfurt Stock Exchange (FRANKFURT: 1P8). The company currently develops a luxury resort and premium residential community at Pointe91, Chu Lai, Quang Nam Province, Central Vietnam and also aims at residential and commercial development opportunities in high-demand areas like Hanoi, Ho Chi Minh City, and key Vietnam provinces. Website: www.philandranch.com

About PHI Group Inc.
PHIGroup (OTCBB: PHIE) provides M&A advisory and consulting services, develops real estate, engages in mining and energy, and invests in special situations. PHIGroup takes companies public in the U.S. and international stock markets through its subsidiaries PHI Capital Holdings Inc. and PHI Vietnam Holdings Ltd, develops real estate through PHILand Ranch Ltd, engages in gold mining through PHI Gold Corporation (PINKSHEETS: PHIG), and participates in coal mining through PHI Energy Corporation. Website: www.phiglobal.com.

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