PCG President Corporate Group Ltd.
PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO ACQUIRE A WELLNESS CENTER IN AUSTRIA

News Release

PRESIDENTS CORPORATE GROUP ANNOUCE ENTERING INTO A LETTER OF INTENT TO ACQUIRE A WELLNESS CENTER IN AUSTRIA

Singapore, 4^th October 2010- Presidents Corporate Group ('Presidents') has entered into a Letter Of Intent to acquire a Wellness Center in Austria for an estimated purchase price of EURO 10,000,000 (Ten Million Euros) in cash and shares.

The wellness centre in Austria is an emerging trend in Europe where healthcare and wellness are top priorities for the population. Both the companies are eager to augment their businesses with more acquisitions in the industry and see tremendous potential for growth in the near future. The Wellness Center is licensed as a hospital as well as recreational recovery center for injuries and other physiological recovery center.

About  Presidents Corporate Group

Presidents Corporate Group, Inc is a Nevada Corporation trading on Frankfurt Stock Exchange (symbol 'PI6') and provided emerging companies with financing solutions, offering a wide range of corporate services around the world.

Presidents Corporate Group network of associates with financial services firms include finance companies, merchant banks and mutual fund advisors, all of which comprise a network of individuals. Presidents Corporate Group website is www.presidentscorp.com