/C O R R E C T I O N -- Emerging Holdings, Inc./ In the news release, Emerging Holdings Announces Initial Public Offering on Monday, July 12th, 2004, issued Friday, July 9, by Emerging Holdings, Inc. (Pink Sheets: EMRH) over PR Newswire, we are advised by the company that stock symbol should read "(Pink Sheets: EMRH)" rather than "(OTC Bulletin Board: EMRH)" as originally issued inadvertently. Complete, corrected release follows: RESTON, Va., July 9 /PRNewswire-FirstCall/ -- Emerging Holdings, Inc. is pleased to announce their Initial Public Offering (Pink Sheets: EMRH), with shares to begin trading Monday, July 12th 2004 under the symbol EMRH. The company would also like to announce the launch of their new website, http://www.emergingholdings.com/, which details the company's target emerging markets and business strategy. Emerging Holdings, Inc. is focused on providing technology and internet related products to emerging market countries in the Middle East and China. The company provides a means for undiluted investment in technology and internet companies and concerns in both China and Dubai, United Arab Emirates. M.A. Motazedi, Chief Executive Officer of Emerging Holdings, Inc. states, "We are very excited about the opportunities that await us and our investors after the offering is complete. We encourage our investors to read through our website in its entirety to share in the excitement of the markets that we have initially decided to enter. China and Dubai, in the Middle East, represent extremely fertile ground for us, both in an economic and technological sense." Stay tuned for more exciting news from Emerging Holdings, Inc. CONTACT: Walter Pinchod, Investor Relations, of Emerging Holdings, Inc., +1-202-549-8666, DATASOURCE: Emerging Holdings, Inc. CONTACT: Walter Pinchod, Investor Relations, of Emerging Holdings, Inc., +1-202-549-8666, Web site: http://www.emergingholdings.com/

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