* CORPORATE BACKGROUND PHIL


PHI Group, Inc. (“PHI”), PHIL

---

As a Nevada corporation,


Was originally formed in June 1982 to engage in


mergers and acquisitions and consulting services.


We currently concentrate on energy and natural resources. PHI is cooperating with two Vietnamese companies to develop coal-fired power plants in Vietnam, building a portfolio of coal assets in Indonesia, and providing renewable energy solutions to Southeast Asia, Africa, and Central America using a combination of patented breakthrough solar energy, wind power, and hydro-magnetic


gravitational technologies.



A public company,


PHI Group is trading on the OTCQB Stock Market in the U.S. under the symbol


“PHIL”. We plan to upgrade the listing of our stock onto a senior exchange in the U.S. such as the NASDAQ Capital Market or the New York Stock Exchange Amex Equities and to resume trading on the Frankfurt, Berlin and Munich Stock Exchanges in Germany in the near fut


ure.


MISSION


Our mission is to create significant enduring values, economic and otherwise, for our shareholders, investors and all other stakeholders through internal and external growth.



VISION


We strive to become a leader in the areas of energy and natural resources in the next five years.



STRATEGY


We select, develop, and operate businesses of choice by capitalizing on our combined distinctive competencies to generate significant enduring value for our shareholders and all related stakeholders through the following strategy:


1. Identify, evaluate, participate and compete in attractive businesses that have big, growing


markets;


2. Identify, build, acquire, deploy and commit valuable resources that generate competitive


advantages;


3. Design and implement excellent management systems.




** PHI Group, Inc (PHIL) (