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PHI Group CEO Henry Fahman to Be Interviewed on IPODesktop.com

"A Unique Play in Both Conventional and Renewable Energy"

LOS ANGELES, CA and JAKARTA, INDONESIA -- (Marketwire) -- 01/02/13 -- PHI Group, Inc., (OTCQB: PHIL) (PINKSHEETS: PHIL), a company focused on energy and natural resources, announced today that its CEO Henry Fahman will be interviewed by Francis Gaskins, Editor of IPODesktop.com and also the primary video IPO analyst at Jim Cramer's TheStreet.com, on Thursday January 3, 2013. Gaskins is one of Wall Street's most respected analysts, and appears on financial programs including Bloomberg and CNBC, and in publications including the Wall Street Journal, USA TODAY, and Investors Business Daily. His website is named one of "Forbes Best IPO Sites."

The interview will discuss PHI Group's unique double-tracked energy strategy that capitalizes on both the growing demand for conventional energy and the preferred solutions to energy problems using breakthrough renewable energy technologies. It will also update on recent accomplishments regarding coal asset transactions and trading activity, status and trends of the coal market in Asia Pacific, competitive landscape, and important milestones for the next 12 to 36 months as well as reasons why investors should pay attention to PHI Group stock at this juncture.

In another development the company announced today that it has signed an agreement with Happenex Holding, a Dutch necessities supplier, to mutually expand coal supply capability in the Asia Pacific Region. Happenex is a well-established trading company with more than 25 years of experience in the field of international trade. With proven supply ability of up to 7 million MT of coal per year, Happenex offers all grades of thermal coal of Indonesian origin to buyers in India, China, and South Korea as well as in Vietnam, both on spot as well as long-term contracts. Website: http://happenex.com/

The interview will be available at: http://gaskinsco.com/ after 01:30 pm EST January 3, 2013.

About PHI Group
Focused on energy and natural resources, PHI Group accumulates coal assets in Indonesia, cooperates with international partners to develop power plants, and provides advanced renewable energy technologies in conjunction with select industry groups. Website: www.phigroupinc.com/.

Safe Harbor: This news release contains forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

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