21^st EQUITY HOMES RECEIVES PURCHASES ORDER FOR 35,000 AFFORDABLE HOMES, WHICH LEADS TO THE ESTABLISHMENT OF A HOME MANUFACTURING MEGA FACTORY IN IRAQ

Date: Monday, 15 December, 2008

BAGHDAD, IRAQ -- 21^st EQUITY HOMES MANUFACTURING INC. a USA Corporation with several new SIPs (Structured Insulated Paneling System) and concrete E-Panel precast construction technologies, factory lines and Villa in a Box systems aimed at residential, industrial, commercial and affordable housing, has entered into discussions with several of Iraqs largest construction companies.

SIPs and precast, lightweight concrete panels are being used in USA, Canada, UK and throughout the entire European Union and have received the highest building code approvals. A group of the largest builders in Baghdad, including some major local bankers have visited the Baghdad office in the last few days to see the new developments in low-cost, mass-production technologies developed by 21^st EQUITY HOMES MANUFACTURING. The Citizens of IRAQ have a need for around 16 million affordable of immediate houses, according to local Government Housing Departments.

Joint Venture Agreements have been signed already and a purchase order for 35,000 affordable homes from 21st Equitys local partners has been received, which leads to the establishment of a Mega Home Manufacturing Plant with a production capacity of 20,000 homes per year. This is to fulfill the supply of 35,000 affordable homes for the first two years of production as a 1st Pilot Project for Iraq. The volume of the first transaction for Iraq exceeds $420,000,000 (Four Hundred and Twenty Million Dollars).

Further information regarding 21st Equitys Land Owner Joint Venture & Factory Co-Ownership Program can be found by clicking here.

About 21st Equity Homes

WHO WE ARE AND WHAT WE DO

The 60 Seconds Elevator Pitch - Company Profile:

21st Equity Homes Manufacturing Inc. is a global Homes Manufacturing and Construction Company as well as an official Mandate Holder & supplier of Portland Cement for clients around the world. We establish turnkey home manufacturing plants worldwide, provide equipment, know-how, training, full backup support to supply (and build) 21st Equity precast manufactured Villas in a Box or other in a Box series as well as precast building materials globally.

Our USPs are (Unique Selling Points):

By using the 21st Equity precast technology you enjoy savings of up to 60% compared to traditional building methods. With pre-manufactured Smart Homes you achieve a speed of construction, which enables you to erect up to 300 housing units per day.

A 36m2 (387 sq. ft.) precast concrete house can be erected in only 8.5 hours TURNKEY for as low as $7,740.00 and the quality is excellent! A 5 Star luxury Villa in a Box of 3,000 sq. ft. can be erected in only 1 week!

The Manufacturing Process:

21st Equity Homes production & manufacturing is done by setting up factories in any (low cost) country and export to other (high cost) countries utilizing our precast products and services. The 21st Equity Group creates local business opportunities, which create manufacturing plants, jobs, export opportunities, global real estate ownership opportunities via co-ownership and license partner syndication of factories, participation in profits stemming from manufacturing activities of factories whether in one country or globally, branding and licensing opportunities. 21st Equity has created an ever expanding, worldwide network of licensees & partners supplying everything from low cost housing, to Malls in a Box, Apartments in a Box to luxury Villas in a Box, built from a wide range of innovative and low cost building products, utilizing SIPs, light gauge Steel, precast load bearing wall panels, hollow core slabs and light weight concrete panels delivered worldwide for a fixed price.

For further information please contact:

21st EQUITY HOMES MANUFACTURING INC. Stephan Schurmann - Managing Director BUSINESS ADDRESS: 21st Equity Group/Equity Business Trust 2850 W. Horizon Ridge Parkway Suite 200 Henderson NEVADA 89052 USA Tel. +1-702-425-3340 Fax: +1-775-997-0788 E-mail: schurmann@equitypanels.com Home Page: www.equitypanels.com

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the companys operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the companys dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital. Receipt of revenues and other factors, many of which are beyond the control of the company. The Company disclaims any obligation to update information contained in any forward-looking statement.