Wise Investments

[Scrooge McDuck]

VIVI news........
FT. LAUDERDALE, Fla., Dec 8, 2003 (BUSINESS WIRE) --

Viva International, Inc. (OTCBB:VIVI) announced today that its Board of Directors has retired 12 1/2 million shares of its convertible preferred shares representing 125 million fully diluted common shares. As a result, the amount of fully diluted common shares is being reduced by approximately 75%.

Robert Scott, Chairman of Viva International, Inc. commented as follows, 'The Company previously issued preferred shares as a deposit for certain aircraft equipment. Accordingly, our aircraft equipment needs have evolved to the point of requiring modification to existing agreements. As a result, significant adjustments to the amounts of preferred shares previously deposited have been obtained'.

Mr. Scott, added, 'Making capitalization adjustments, when appropriate, demonstrates our commitment to obtaining value not only for the Company but for our share owners. We believe that we are close to obtaining approval on a financing package that will enable us to complete certain necessary agreements. Our financial lenders are pleased with this decision to retire the preferred shares'