Diversified Oil and Gas Holdings (DVFI)

[Fishing at Surfside]

News........
TYLER, Texas, Mar 21, 2007 (PrimeNewswire via COMTEX) -- Biogenerics Limited (Pink Sheets:BIGN) (GR:D9G) announced that the Company has retained legal counsel to guide and direct it in regards to the recent issue of the Ten Day Suspension of Trading by the Securities and Exchange Commission ("SEC").

It is anticipated that the company's stock will become trading again on March 22nd. At this time, the Company is taking all measures to become a fully compliant, fully reporting company under 10SB rules and regulations of the SEC, along with complying with the requirements of Guide 2 of the Industry Guidelines for oil and gas companies. It is a long detailed process expected to take several months to complete.

As announced in previous press releases, the company will take advice from its legal counsel, the changing of the Company's Name, CUSIP number, trading symbol and trading market at this time to become a fully reporting company.

The Company is continuing with its business operations and will inform shareholders of all business activities through regular press releases.