Cavico Corp.Held Special Meeting of Shareholders

HANOI, Vietnam & LOS ANGELES--(Business Wire)--
Cavico Corp. ("Cavico" or "the Company") (OTC BB: CVIC), a leading
infrastructure development company in Vietnam, announced that it held its
Special Meeting of Shareholders on April 27, 2009, in Huntington Beach,
California. At the meeting, shareholders cast 93,535,396 votes totaling 71.4% of
the shares outstanding.

At the meeting, Cavico`s shareholders approved a proposal to grant discretionary
authority to Cavico`s Board of Directors to effect a reverse stock split of
Cavico`s common stock at any whole number ratio between 1 for 20 and 1 for 60
("Proposal 1"). The Board of Director`s decision whether or not to affect the
Reverse Stock Split, and at what whole number ratio, will be based on a number
of factors, including market conditions, existing and anticipated trading prices
for Cavico`s common stock and the initial listing requirements of the national
securities exchanges.

The Company`s shareholders also overwhelmingly approved an amendment to the
Company`s Certificate of Incorporation to change the terms of the authorized
shares of preferred stock to make the authorized shares "blank check" preferred
stock ("Proposal 2"). The shareholders also approved an incentive plan to help
the Company attract, retain, and motivate officers, employees, directors, and
consultants ("Proposal 3").

The voting results by percentage for each proposal were:

AS A PERCENTAGE OF 93,535,396 SHARES VOTED
Proposal Yes No Abstain/Broker Non-Vote
Proposal 1 97.7% 2.3% -
Proposal 2 89.3% 10.5% 0.2%
Proposal 3 87.7% 12.1% 0.2%

AS A PERCENTAGE OF 130,997,693 SHARES OUTSTANDING
Proposal Yes No Abstain/Broker Non-Vote
Proposal 1 69.8% 1.6% -
Proposal 2 63.8% 7.5% 0.1%
Proposal 3 62.6% 8.6% 0.2%

About Cavico Corp. (OTCBB: CVIC)

Cavico Corp. is focused on large infrastructure projects, which include the
construction of hydropower facilities, dams, bridges, tunnels, roads, mines and
urban buildings. Cavico is also making investments in hydropower facilities,
cement production plants and urban developments in Vietnam. The company employs
more than 3000 employees on projects worldwide, with offices throughout Vietnam
and a satellite office in Australia.

Founded in 2000, Cavico is a major infrastructure construction, infrastructure
investment and natural resources conglomerate headquartered in Hanoi, Vietnam.
Cavico is highly respected for its core competency in the construction of
mission-critical infrastructure including hydroelectric plants, highways,
bridges, tunnels, ports and urban community developments. One of the Company`s
primary competitive advantages is its ability to nurture a project "from concept
through completion" with a vertical portfolio of interrelated investment,
permitting, design, construction management and facility maintenance services.
Cavico`s project partners include top multi-national corporations and government
organizations. The Company employs more than 3,000 full-time, part-time, and
seasonal workers. For more information, visit http://www.cavicocorp.com.
Information on the Company`s Web site or any other Web site does not constitute
a portion of this release.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains "forward-looking statements" within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact in this
announcement are forward-looking statements, including but not limited to, the
Company's ability to obtain the necessary financing to continue and expand
operations, to market its construction services in new markets and to offer
construction services at competitive pricing, to attract and retain management,
and to integrate and maintain technical information and management information
systems; the effects of currency policies and fluctuations, general economic
conditions and other factors detailed from time to time in the Company's filings
with the United States Securities and Exchange Commission and other regulatory
authorities. These statements include, without limitation, statements regarding
our ability to prepare the Company for growth, the Company's planned expansions,
and predictions and guidance relating to the Company's future financial
performance. The Company undertakes no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future
events or otherwise.

Cavico, Corp.
Timothy Pham, 714-843-5456
Vice President and Director
cavicohq@cavico.us
or
CCG Investor Relations Inc.
Roger Ellis, 310-477-9800
Senior Vice President
Roger.ellis@ccgir.com
http://www.ccgir.com

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