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BHWF The Blackhawk Fund to Generate $2.2 Million From Sale of Real Estate Holdings

CARDIFF, Calif., Aug 29, 2007 /PRNewswire-FirstCall via COMTEX/ -- The Blackhawk
Fund, (BHWF) is actively marketing the real estate holdings owned by The Company,
which have an appraisal value in excess of $2,200,000. Upon sale of these
properties, Blackhawk's revenue will increase to the highest level in The
Company's history.

The Company is in the process of liquidating its real estate holdings as the
final phase in the shift to becoming a pure Media Company. The Blackhawk Fund
acquired 10 cable television shows and related media properties in January, 2007.
This highly profitable business model has attracted some of The Nation's leading
authors, speakers and businesses as clients of The Blackhawk Fund Media. The
demand for our media business is increasing every month, which requires 100%
devotion from The Company to keep up with the Agreements already signed over the
past seven months.

To preview the quality of Online Productions, Cable Television Shows and Media
Content owned by The Blackhawk Fund, please visit: http://WWW.BLACKHAWKFUND.COM

From time to time, the Company may issue news releases that contain
"forward-looking statements" within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is
subject to the safe harbor created by those sections. This material may contain
statements about expected future events and/or financial results that are
forward-looking in nature and subject to risks and uncertainties. For those
statements, the Company claims the protection of the safe harbor for
forward-looking statement provisions contained in the Private Securities
Litigation Reform Act of 1995 and any amendments thereto. Any statements that
express or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, goals, assumptions, or future events or
performance are not statements of historical fact and may be "forward-looking
statements." "Forward-looking statements" are based upon expectations, estimates
and projections at the time the statements are made that involve a number of
risks and uncertainties that could cause actual results or events to differ
materially from those anticipated.

Contact:

Investor Relations of The Blackhawk Fund

775-887-0670

SOURCE The Blackhawk Fund
http://WWW.BLACKHAWKFUND.COM


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