Replies to post #2543 on OTCBB ALERTS

[TTOON]

I think it's still in play

[Stockz4O]

graphtrader--SVXP--Ready----kaboooooooom!!!

SVXP--.0008
SOVEREIGN EXPLORATION Sovereign Exploration Associates International, Inc. Appoints Two New Directors
12/21/2005

NEWTOWN, Pa., Dec 21, 2005 (BUSINESS WIRE) --
Sovereign Exploration Associates International, Inc. (OTCBB: SVXP) announces the appointment of two new directors to its five member board. Mr. Curtis Sprouse, who will continue in his capacity as COO, Mr. David Bryant, and Mr. Kevin Smith are stepping down to make their positions available to Mr. Donald Conrad, Mr. Peter Knollenberg, and a fifth Board Member to be added in the near future. Mr. Knollenberg will serve as SVXP Chairman of the Board.

Mr. Conrad spent 13 years with Exxon Mobile Corporation, mostly as chief financial officer for Esso Europe in London. He also spent 18 years with Aetna Inc., the Hartford, CT.-based insurance firm, as chief investment officer. In 1988, he left Aetna to become CEO and half-owner of the National Hockey League's Hartford Whalers Hockey Club. From 1995 to 2002 he was senior advisor to the president of the World Bank in Washington, D.C. Mr. Conrad is currently a board member of the Chevy Chase Bank in Washington, D.C. CEO Robert Baca said "SVXP will greatly benefit from Mr. Conrad's extensive financial expertise and his international experience working with high government levels which will help SVXP with its international projects and expanding corporate goals".

Mr. Knollenberg is President of Sea Hunt, Inc. and one of the founders of SVXP. Sea Hunt assigned all of its shipwreck rights, contracts and permits to a wholly owned subsidiary called Sea Research, Inc. which was contributed to SVXP. "Mr. Knollenberg has first hand knowledge of the issues involving sovereign ownership rights to ship wrecks, and he negotiated one of the first contracts between a private sector company and a government to recover lost patrimonial artifacts for Spain. As Chairman of SVXP, Mr. Knollenberg will provide strong Board of Director support for management's position that marine recovery and conservation should be professionally undertaken using the best technology and methods available to protect maritime heritage." said Baca. Mr. Knollenberg and Mr. Conrad join Mr. Baca and Mr. Kevin Conner as members of the SVXP Board.

Additional information regarding SVXP and its projects is available at www.sea-int.com

About Sovereign Exploration Associates International, Inc.

Sovereign Exploration Associates International, Inc. (OTCBB:SVXP) is a Business Development Company under the Investment Company Act of 1940 undertaking shipwreck exploration and recovery initiatives. Pursuant to Section 13 or 15(d) of the Security Exchange Act of 1934, SVXP has filed Form 8-K.