DGAP-News  368  0 Kommentare Minaean International Corp.:Minaean Habitat (India) Pvt. Ltd. Establishes Market Confidence in Modular Building Business

FOR IMMEDIATE RELEASE

March 21, 2007(No. 2007-03-08)

Contact: Investor Relations         Phone: (604) 684-2181         Investors@minaean.com MINAEAN HABITAT (INDIA) PVT. LTD. ESTABLISHES MARKET CONFIDENCE  IN MODULARBUILDING BUSINESS Vancouver, BC, Canada - March 21, 2007 - Minaean International Corp. (TSXVenture Exchange: MIB; Berlin and Frankfurt Stock Exchanges: NJA) ispleased to announce that its wholly owned Indian subsidiary, MinaeanHabitat (India) Pvt. Ltd. (MHI), has successfully completed the productionof thirty seven (37) and delivery of twenty nine (29) modular retailbuildings to Shell India Marketing Pvt. Ltd.´s  (´Shell´) gas station sitesin the Southern and Western regions of India as of March 15th, 2007. Eight completed buildings have been stored in Minaean´s stocking yard asper Shell India´s instructions, due to the delay in completion of theproject sites by Shell´s other sub contractors and is awaiting shipmentinstructions. The production in MHI´s Bangalore and Mumbai plants is inprogress as planned and is in line with the client´s schedule in view ofthe delays on account of other sub contractors working on preparing thesites to accept the buildings. Shell is concluding negotiations with MHI at present on the extension ofthe contract to meet their 2007-08 program for construction of gasstations. Having observed MHI´s performance in supply and installation of ModularBuildings for Shell, MHI has been contacted by two other Indian oilcompanies for production and supply of retail buildings for their gasstations and a prototype is under negotiation with one of them. India´s3.30 million kilometer road network, considered to be the 2nd largest inthe world (as per National Highways Authorities of India news release), isunder massive modernization at present and has declared the need forinstallation of over 15,000 gas stations throughout the country, anopportunity MHI is working upon in its expansion plans.  About Minaean Minaean International Corp., manufactures rapid, efficient building systemsusing light-gauge steel.  Minaean´s Vesta Quik-BuildTM, ArtisanQuik-BuildTM construction kits are available for houses and buildings of upto four stories. The newly launched modular buildings designed, engineered and prefabricatedin the factory environment, capable of being assembled and delivered within7 days are an addition to the Company´s innovative constructiontechnologies.  The strong, affordable, ecologically sustainable structurespresent a promising solution to the mass housing shortages in developingcountries and disaster-stricken areas, in addition to a range ofconventional applications. Shares of Minaean International Corporation (parent company) are publiclytraded on the TSX Venture Exchange under the symbol ´MIB´ and on the Berlinand Frankfurt Stock Exchanges under the symbol ´NJA´.  For moreinformation, please visit www.minaean.com. On behalf of the Board of Directors

MINAEAN INTERNATIONAL CORP. ´ Mervyn Pinto ´ Mervyn Pinto, President & Director





DGAP 21.03.2007

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