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natural gas pipeline investments in China


Largo Vista Group, Ltd. Investments i- News Releases

October 04, 2004

Largo Vista Signs Contract to Develop Pipeline ``Project Five'' in China

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Oct. 4, 2004--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that it has signed a contract with a local developer in Zunyi, China to develop pipeline "Project Five" for liquid petroleum gas (LPG). The project consists of approximately 1000 residential homes that have already sold out. "We are very excited with our progress this year," stated Ms. Denise Deng, General Manager of LPG operations for Largo Vista Group, Ltd. in China. "We assume that occupancy will be slow like our other projects, but in time we will obtain full occupancy in the thousands and enjoy the profits under our 40-year exclusive supply contract." She further went on to say, "The use of LPG modernizes these residential homes and increases the value of the project for both the developer and the homeowner. Our pipelines call for the Price Supervision Bureau to regulate charges with the end user, based upon our cost/budget, which will act as a guarantee for the pipelines to have a budget surplus."

Largo Vista's pipeline projects three and four are already approved, but the final contracts have not been signed due to construction schedules. The company has been getting inquiries for residential LPG pipeline service from other provinces in both China and Vietnam.

LGOV provides China with environmentally friendly energy alternatives and is the leader for residential LPG pipeline construction in that region. The Guizhou Province has a population of over 40 million. Largo Vista Group, Ltd. has headquarters in the U.S., with offices in both China and Vietnam. www.largovista.com

The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company's ability to produce and market products and or services and other risks detailed from time to time in their Company's reports with the Securities Exchange Commission.

Contact:
Largo Vista Group
Investor Relations, 949-252-2180

Source: Largo Vista Group, Ltd.

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Largo Vista Group, Ltd. China Energy Natural Gas Pipelines United States Corporate Office
4570 Campus Drive
China Energy Natural Gas Pipelines Newport Beach, California 92660
Phone: (949) 252-2180 China Energy Natural Gas Pipelines Fax: (949) 252-2181
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natural gas pipelines investments in china
natural gas pipelines investments in china