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CWMF..contracts soon and KABOOM.. Commonwealth American Financial Group Announces Texas Office to Pursue Construction Contracts in Texas


ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Sept. 26, 2005--
Commonwealth American Financial Group, Inc. (Pink
Sheets:CWMF) announces the company will utilize the existing wholly
owned subsidiary 'Hawkesbury River Funding of Texas, Inc.' to
coordinate and administrate the bidding of contracts for construction
and rehabilitation contracts in Texas and Louisiana. An office has
been established in Dallas, Texas to act as the main headquarters for
the new subsidiary. The Company has established a website
http://www.cwmf.net and trades under the symbol (Pink Sheets:CWMF).
The mission of Commonwealth American Financial Group, Inc. is to
invest in land development projects either as developer, joint venture
partner, or lender and create mezzanine financing opportunities. The
company will also grow by acquiring subsidiaries in related fields
such as construction, real estate brokerage-appraisal-management, in
Florida, Texas and Louisiana.
Mr. Guthrie, president of Commonwealth American Financial Group,
Inc., said: "Our next step is to actively receive contract documents
from private and government departments for work that will no doubt be
required due to the effects of both Hurricanes. We have established
relationships with construction firms in the localized areas that are
willing and able to perform on such contracts."

FORWARD-LOOKING STATEMENTS: This information includes
forward-looking statements made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties including, but not limited to, the impact of
competitive products, the ability to meet customer demand, the ability
to mange growth, acquisitions of technology, equipment, or human
resources, the effect of economic and business conditions, and the
ability to attract and retain skilled personnel as related to the
industry. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or circumstances
that may arise after the date of this issue.



KEYWORD: NORTH AMERICA FLORIDA TEXAS UNITED STATES
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY COMMUNICATIONS ADVERTISING MARKETING PUBLIC RELATIONS/INVESTOR RELATIONS CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE CONSUMER MEN
SOURCE: Commonwealth American Financial Group, Inc.


CONTACT INFORMATION:
Commonwealth American Financial Group., St. Petersburg
Damian Guthrie, 786-246-1077 or Fax [phone]