Saudi American Holdings Corp. Appoints H.R.H. Prince Badr bin Sultan bin Abdul Aziz to the Board

FT. LAUDERDALE, FL is an international holding company investing in companies that are engaged in a number of diverse business activities.

On May 28th, 2008, via board amendment and the unanimous consent of members of the Board of Directors, H.R.H. Prince Badr bin Sultan bin Abdul Aziz was appointed to the Board and will assume the title of Director, Saudi American Holdings Corp.

Prince Badr is the son of H.R.H. Crown Prince Sultan bin Abdul Aziz of Saudi Arabia. He is the brother of H.R.H. Prince Khaled bin Sultan, Assistant Minister of Defense and Aviation and H.R.H. Prince Bandar bin Sultan, the former Saudi Arabian Ambassador to the United States.

"We are delighted to welcome His Royal Highness to the Board. We are confident that his intimate knowledge of Saudi Arabia will assist the Company in its endeavors throughout The Kingdom in particular, and the Middle East in general," stated David Carruthers, President and Director of Saudi American Holdings Corp.

Mr. Carruthers added, "Prince Badr's appointment to the Board reflects our long term belief in and commitment to the strength and growth of the Saudi Arabian economy. His Royal Highness' acceptance of this position is indicative that such commitment is recognized throughout The Kingdom and reflects our Company's growing success throughout the region."

"Safe Harbor" Statement under the Private Securities Litigation Reform Act: Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein.

Contact: Saudi American Holdings Corp. 110 Broward Blvd. Suite 1700 Ft. Lauderdale, FL 33301 USA 954-315-3935 info@saudiamericanholdings.com

Saudi American (CE) (USOTC:SAHN)
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