SOURCE: Sulja Bros. Building Supplies, Ltd.

April 16, 2007 13:33 ET

SLJB Re-States Position and Goals for Long-Term Shareholder Value

LAS VEGAS, NV -- (MARKET WIRE) -- April 16, 2007 -- SLJB (PINKSHEETS: SLJB) today announced that previously relayed releases to the public are indeed ongoing concerns for the Company. "Our pursuit of viable sales contracts both locally and around the globe is as in the forefront of our objectives as ever," stated a Company spokesperson. "We have made strides toward this end in recent days and fully expect to dispel rumors of the demise of this objective in a timely fashion. We now look forward to our participation in the upcoming Lebanese Trade Exposition as an avenue to realize the fruition of this targeted market."

"The company again wants to state its gratitude to its shareholders through this onerous and difficult time for their patience and understanding. SLJB will now move forward toward its original and still noteworthy goals it set in the beginning of this IPO initiative."

The spokesperson ended this commentary by re-stating the promises made to shareholders and to longstanding business partners. "We intend to keep them, and no one or no group will deter us from this accomplishment, not ever. In the coming weeks, we will be even more capable of reporting our progress to the shareholders of SLJB stock, and we will accurately enumerate the steps taken to fulfill our obligations."

Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. When used in this press release, the words: believes, intends, anticipates, expects, predicts and similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied by, the forward-looking statements based on a number of factors, including, but not limited to, costs, risks and effects of the on-going review by the Company, including the impact on the Company's ability to provide timely information as to the Company's business, operating results and financial condition; costs, risks and effects on the Company's business and the trading of its stock of legal proceedings and investigations, including the enforcement proceeding commenced by the OSC and the inquiry being conducted by the SEC; and the impact of the OSC order that trading in the Company's securities cease. Except as expressly required by the securities laws, the Company undertakes no obligation to update such factors or to publicly announce the results of any of the forward-looking statements contained herein to reflect future events, developments, or changed circumstances, or for any other reason.