PHI GROUP INC. Engages Thomson Reuters to Provide Corporate Communications and Investor Relations Services

* Reuters is not responsible for the content in this press release.

Tue Jun 16, 2009 8:00am EDT 

  LOS ANGELES, CA and HO CHI MINH CITY, VIETNAM, Jun 16
(MARKET WIRE) -- 
PHI GROUP INC. (OTCBB: PHIE) (FRANKFURT: PR7), a company engaged in
mergers and acquisitions, real estate development, mining, and investing
in special situations, today announced that the Company has engaged
Thomson Reuters to provide corporate communications and investor
relations services for PHI GROUP (www.phiglobal.com) and its
majority-owned subsidiary PhiLand Ranch Limited (www.philandranch.com).

    The Company has recently updated its website www.phiglobal.com to include
a brand new Investor Relations section, which was developed and is now
hosted by Thomson Reuters.

    The new Investor Relations section offers a wealth of information,
including the Company's corporate profile, corporate governance, stock
information, event calendar, webcasts and presentations, SEC filings,
financial reports, financial fundamentals, stock ownership summary, proxy
information, Investor FAQs and Email Alerts. The Email Alerts function is
a user-friendly feature that allows interested investors to receive
up-to-date information on all the Company's important updates, making it
very convenient to follow PHI GROUP's activities.

    Readers can sign up to receive future updates at
http://phx.corporate-ir.net/phoenix.zhtml?c=71688&p=irol-alerts.

    About PHI GROUP INC.

    PHI GROUP focuses on M&A and consulting services, real estate development,
mining and investing in special situations. The Company assists companies
to go public and raise capital, develops "Pointe 91," a luxury resort and
premium residential community in Chu Lai, central Vietnam
(www.philandranch.com), and engages in mining in Southeast Asia
(www.phimining.com). Main URL: www.phiglobal.com.

    About Thomson Reuters Corporate Services

    The Corporate Services business of Thomson Reuters provides a suite of
solutions across the Investor Relations, Corporate Communications, and
Business Intelligence functions. Leveraging more than two decades of
experience serving the global corporate marketplace, our solutions are
designed to increase the efficiency and effectiveness of business
decision-making. Backed by knowledgeable client service professionals
dedicated to proactive outreach and training, Thomson Reuters is the
partner of choice for more than 6,000 corporations worldwide.

    Safe Harbor: This news release contains forward-looking statements that
are subject to certain risks and uncertainties that may cause actual
results to differ materially from those projected on the basis of such
forward-looking statements. Such forward-looking statements are made
based upon management's beliefs, as well as assumptions made by, and
information currently available to, management pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act
of 1995.

    

Contact:
John Nguyen
714-843-5460
Email: Email Contact

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