Freedom Financial Holdings Announces Pinksheets.com Upgrades Status

FORT WAYNE, IN, May 27 (MARKET WIRE) --
Freedom Financial Holdings, Inc. (PINKSHEETS: FDMF) CEO Brian Kistler
announced today that the company has submitted to Pinksheets.com the
company information that qualified the company rating to be raised to
"Yield Limited Information."

Kistler commented, "The Company has actively worked with Pinksheets.com to
update the information to become in good standing on Pinksheets.com. The
financial information made available at:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=fdmf reflects the
unaudited information for the parent company and the FHA audited financial
information for the mortgage division from 2008.

"To save money during a very difficult economic environment, the company's
Board of Directors determined it necessary to become delisted from the
OTCBB, and on May 12, 2008 filed form 15-12G with the SEC to become
non-reporting. However, for FHA purposes, the company maintains audited
financial records of its mortgage division. In 2008 Freedom Energy
International did not contribute to the company's revenues. First quarter
unaudited financial statements will be made available by mid June.

"It was always the intent of the company to remain fully reporting and
plans are being made to have all operations audited for 2008 and 2009
going forward. When the time is right, the company will make application
to become fully reporting and quoted on the NASDAQ or listed on the AMEX,"
concluded Kistler.

Management looks forward to sharing updates concerning KC 9000(TM) sales
and further developments of pending oil sales from leases the company
controls.

ABOUT FREEDOM FINANCIAL HOLDINGS, INC.

Freedom Financial Holdings, Inc. ("FDMF") is a holding company with a
focus on the identification of opportunities. The Company's objective is
to acquire undervalued assets and/or initiate operations in underserved
niches. Once established within the FDMF portfolio, the Holding Company
will provide the support necessary to enable each of its subsidiaries to
maximize their business opportunities.

FORWARD-LOOKING STATEMENT

This press release contains certain "forward-looking" statements, as
defined in the United States Private Securities Litigation Reform Act of
1995 that involve a number of risks and uncertainties. Statements, which
are not historical facts, are forward-looking statements. The Company,
through its management, makes forward-looking public statements concerning
it expected future operations, performance and other developments. Such
forward-looking statements are necessarily estimates reflecting the
Company's best judgment based upon current information and involve a
number of risks and uncertainties, and there can be no factors that could
cause actual results to differ materially from those estimated by the
Company. They include, but are not limited to, the Company's ability to
develop operations, the Company's ability to consummate and complete the
acquisition, the Company's access to future capital, the successful
integration of acquired companies, government regulation, managing and
maintaining growth, the effect of adverse publicity, litigation,
competition, sales and other factors that may be identified from time to
time in the Company's public announcements.

Contact:
Freedom Financial Holdings, Inc.
http://www.freedomenergyint.com
Brian Kistler
260-490-5363 ext 307

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