December 01, 2004

Largo Vista Breaks Ground on Residential LPG Project

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Dec. 1, 2004--Largo Vista Group, Ltd. (OTCBB:LGOV - News) announced today that it has started construction on phase one of project five, a residential LPG (Liquid Petroleum Gas) pipeline project, to supply roughly 1,000 residential homes for a master planned community in China. The project is located in the Guizhou province with a construction time of approximately 90 days. The company builds on-site LPG supply stations, installs western-type gas lines, meters and stoves, and then supplies the homes with LPG for 40 years under exclusive contract. "We are moving much quicker with private developers," stated Ms. Denise Deng, General Manager for Largo Vista Group China, "And, I believe the home owners will occupy the pre-sold homes quicker than with our government projects. The experience in slow occupancy with the government employees makes it frustrating for our shareholders, but, on the upside, the homes are already sold-out and we have contracted enough pipelines to insure the company will run in the black. I am personally very excited about our growth potential for the next few years. The multiples will get us worldwide attention."

LGOV is working with the Chinese government in improving the environment with alternatives to coal and wood use, a priority for the nation. The provincial government has allocated approximately 40 billion US dollars in assets to improve its infrastructure over the next 10 years. New roads have linked the towns and innovative power generating capacity has raised the potential living standard for 40 million citizens in the province. Largo Vista has taken the lead in residential pipeline construction and is negotiating more projects. The company has offices in Vietnam and has delivered fuel oil to that country with Petral, a subsidiary of Pertamina. LGOV is currently addressing inquiries for multiphase residential LPG pipelines near Ho Chi Min City, the first in that country. For more information go to http://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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