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Wednesday, 10/31/2007 1:10:58 PM

Wednesday, October 31, 2007 1:10:58 PM

Post# of 942
Press Release Source: Charter Equities, Inc.


Charter Equities Steps Up for California Fire Relief
Tuesday October 30, 1:43 pm ET
Saddleback Subsidiary Offers Help and Special Programs


GILBERT, Ariz.--(BUSINESS WIRE)--Charter Equities, Inc. (Pink Sheets:CEQI - News) announced today that Saddleback Recreational Vehicles, Inc., a Charter subsidiary located in Colton, California, the heart of the recent San Bernadino fire range, set up a Disaster Relief Donation Center in their parking lot at their location. All non-perishable items and toiletries can be dropped off for Saddleback RV to distribute to the victims left homeless by fire. “We are located in the heart of this disaster and wanted to do something to help. Right now, we feel helpless and this is our way of doing something to make a difference in this devastating tragedy,” says Mike Sebastian, President of Saddleback RV. In addition to accepting donations and distributing the collected items to the homeless victims, Saddleback RV will be donating water and toilet paper to the victims too.
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Saddleback RV has employees and family members of employees in the afflicted areas. “This is truly an act of compassion. We have to do something to help. When disaster hits, it is a time for everyone to pitch in,” stated Mike.

In a television advertising campaign to begin Wednesday, October 31, 2007, Saddleback will begin offering special incentives and terms on their RV’s for Displaced Homeowners to assist them in their immediate housing needs.

For those wishing to contribute any non-perishable items and toiletries go directly to the designated drop-off center located in Saddleback RV’s parking lot at 755 Ashley Way, in Colton. Saddleback RV is located right off the I-215 and I-10 Freeways. For more information, log on to their website @ www.saddlebackrv.com for directions and information.

In addition to Saddleback and the RV acquisition plan, Charter currently invests in, owns and manages real estate in the Phoenix market through its other subsidiaries, Charter Investment Properties, Inc. and Charter Media and Marketing, Inc. www.charterequitiesgroup.com

Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment.

We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements.



Contact:
Charter Equities, Gilbert
Mat Curtner, 480-570-4913


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