Polaris International Holdings, Inc. Effectuated 20:1 Forward Stock Split

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Wed Apr 29, 2009 9:30am EDT

  HUNTINGTON BEACH, CA, Apr 29 (MARKET WIRE) -- 
Polaris International Holdings., Inc. (PINKSHEETS: PIHN) announced that
the Company effectuated a 20:1 forward stock split on Friday, April 24,
2009.

    All shareholders of record at the close of Friday, April 24, shall receive
an additional 19 shares for each share owned.

    As a result, the Company's issued and outstanding share capital has
increased from 101,981,000 shares of common stock to 2,039,620,000 shares
of common stock. The Company also amended its Articles of Incorporation to
increase its authorized shares of capital stock to 7,000,000,000 and
issued 100,000 shares of preferred stock.

    "These actions by the Board are a clear indication of the confidence we
have in our ability to continue driving growth and creating value for our
shareholders by capitalizing on the exciting opportunities, both short-
and long-term, that lie ahead," said Kuni Misawa, President and CEO of
Polaris International Holdings, Inc. "The split and increase will make
Polaris common stock more widely available to a larger pool of investors,
including our current shareholders."

    

Contact:
Polaris International Holdings, Inc.
Kuni Misawa
Ph. (310) 849-1094
Email Contact

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