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CRWE.. Files SEC Form 8K, Change in Directors or Principal Officers

--Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

LAS VEGAS, Dec 09, 2009 /PRNewswire-FirstCall via COMTEX/ -- Crown Equity Holdings, Inc. (OTC Bulletin Board: CRWE) today announced the appointment of Lowell Holden as CFO of the Company, replacing Montse Zaman, who will remain as Secretary and as a member of the Board. The Board was increased from four members to five members. Filling the newly created vacancy is Mr. Holden.

Since 2001, Mr. Holden has owned and operated his own consulting firm, LS Enterprises, Inc. Mr. Holden has a broad range of business experience including managing, securing financing, structuring of transactions, and is experienced and knowledgeable in managing relationships with customers, financing institutions and stockholders. Mr. Holden also has a background in assisting companies in fulfilling their financial auditing and SEC reporting requirements. Mr. Holden has a Bachelor's of Science degree from Iowa State University.

About Crown Equity Holdings, Inc.

Crown Equity Holdings, Inc. (OTC Bulletin Board: CRWE) has established itself as a top tier consulting firm which continues to provide and assist small business owners with the knowledge required in taking their company public. However, the company has re-focused its primary vision to that of an online media advertising/awareness publisher, focused on serving the needs of the clients, as well as being dedicated to the distribution of quality branding information.

Crown Equity Holdings, Inc. can play a role in building and capturing awareness for a public company through one of the fastest growing media channels in the world: The Internet, with over a fifteen hundred web sites, not including the third and second party websites making up its network, which is in addition to their opt-in e-mail list.

For further details, please visit the Company's website at http://www.crownequityholdings.com.

Forward-Looking Statements: This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements and/or Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

SOURCE Crown Equity Holdings, Inc.

URL: http://www.crownequityholdings.com
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Copyright (C) 2009 PR Newswire. All rights reserved

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KEYWORD: Nevada
INDUSTRY KEYWORD: FIN
CPR
OTC
SUBJECT CODE: PER