~~ Angel Hill Corporation ~~

[AngelHillCorp]

IAHL ~ News .....

IAHL Corporation Will Reduce
Its Authorized Shares Significantly
Effective Immediately

March 18, 2008 - 1:00 AM EDT

IAHL Corporation (IAHL) announced today that its Board of Directors has approved an immediate reduction of its Authorized Shares by 25 Million.

The Company's current Share structure is 55 Million Shares Authorized upon the filing of all required Corporate Resolutions with The Secretary of State the Authorized Shares will then be 30 Million.

The current Share structure is 25,501,732 Outstanding with 2,174 Restricted and 2,000,000 Preferred Shares. It is the intent of the Company that after its previously announced Buyback of 8,000,000 Shares, upon completion the company will then further reduce its Authorized Shares to 20 Million.

The Company's objective is to eventually reduce its Authorized Shares to a total of 10 Million; this is being implemented to coincide with the closing of an upcoming major acquisition that will give the company a major balance sheet/financial presence.

Once all of these actions are concluded the Company will update thru all certified documentation the exact numbers to its Transfer Agent.

Peter Van Dyke, Chairman, said, "All of this is being fast tracked to meet certain requirements for an up coming closing, it is the intent and requirements of its Bankers that the company position its self so that it could meet the required criteria to apply to the NASDAQ Small Cap Board."

Mr. Van Dyke also stated, "The Company is reasonably certain that it will achieve these requirements and will aggressively pursue its overall business plan."

IAHL Corporation
Investor Relations
Phone: [phone]
Fax: [phone]