Standard Holdings Group Ltd (fka SNDH)

[ProfitScout]

Standard Holdings Posts Share Distribution Advisory to Brokerages

MCLEAN, VA, Jun 16, 2006 (MARKET WIRE via COMTEX) -- Standard Holdings Group Ltd., (PINKSHEETS: SNDH), at the request of Depository Trust & Clearing Corporation, parent of Depository Trust Company (DTC), is publishing the following advisory to the brokerage community:

On February 13, 2006, H-Quotient, Inc., distributed to its stockholders restricted shares of Standard Holdings Group Ltd., CUSIP 853471 100. Accordingly, DTC notified the brokerages and issued a temporary CUSIP 853471 993. As you know, DTC cannot hold restricted shares for its brokerage customers. Therefore, DTC provided the transfer agent, Continental Stock Transfer, with its customer list and the quantities of shares to be issued to its brokerage customers. Continental issued the shares with the correct CUSIP 853471 100. DTC's brokerage customers were obligated to terminate the temporary CUSIP 853471 993 upon receipt of the shares. However, many of the brokerages continue to show Standard Holdings Group Ltd. stock in customer accounts with the temporary CUSIP. Please note that such shares do not exist. DTC is not holding these shares for you. These are phantom shares, and YOU MUST IMMEDIATELY REPLACE THE PHANTOM SHARES WITH REAL SHARES. Failure to do this means that you have effectively created unauthorized, unregistered Standard Holdings securities.

"The Depository Trust Company (DTC) is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. The depository brings efficiency to the securities industry by retaining custody of some 2 million securities issues, effectively 'dematerializing' most of them so that they exist only as electronic files rather than as countless pieces of paper. The depository also provides the services necessary for the maintenance of the securities it has in custody."

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the Standard Holdings Group web site at http://www.standardholdingsgroup.com

Contact:
Standard Holdings Group Ltd.
703-821-3434


SOURCE: Standard Holdings Group Ltd.

Copyright 2006 Market Wire, All rights reserved.