2008-07-09 18:02:06 -

- Premier Wealth Management (OTCBB:PWMG) today announced it has signed an MOU with M1 Lux AG, a Frankfurt listed company, for the sale of Master Trust SA upon complete due diligence by all parties and completion of final documentation and shareholder approval.

Premier's Management team has been evaluating many alternatives to increase shareholder value. "Based upon the combination of

the two entities, we believe Premier's shareholders will benefit from the completion of this transaction," stated Nigel Gregg CEO of Premier Wealth Management.

Premier's management will keep shareholders updated as the due diligence process progresses.

Premier Wealth Management, Inc.

Incorporated in the State of Delaware, and headquartered in Cyprus, Premier Wealth Management is currently executing a business strategy designed to position the Company as a preferred provider of highly personalized private wealth advisory and investment management services to mid- and high-net worth individuals and families across Europe and the Far East.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the independent authority of the special committee to act on the matters discussed, the successful negotiation of the acquisition and disposal of transactions described above, successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.

Premier Wealth Management, Inc.
Nigel Gregg, CEO, 917-488-1110