MJA ASSET MANAGEMENT, LLC, JOINS THE
U.S.-UKRAINE BUSINESS COUNCIL (USUBC)

February 6, 2008
                           
The executive committee of the U.S.-Ukraine Business Council (USUBC)
is pleased to announce thatMJA Asset Management, LLC, a U.S. company
who invests in under performing historic property, with offices in New York,
Connecticut and New Jersey, has been approvedfor membership in the
U.S.-Ukraine Business Council (USUBC).

MJA is the57th member,the 5th new member for 2008 and the 35th new
member since January 2007.MJA Asset Management, LLC was founded
to fill the needs of a niche real estate market, represented by Historic
Landmark properties.  

USUBCbeen working with Irena Holiat, founder of MJA Asset
Management, LLC. Irenahas over 30 years of real estate investment
experience and felt Landmark properties were under served due to a lack
of expertise in understanding their unique investment value, preservation
and management.

Irena is a Ukrainian-American and her family has been leaders in the
Ukrainian-American community for many years.

I asked Irina about her interest in now expanding her unique business to
work in Ukraine. She explained, "It is my Heritage that motivates me to give
back to the country my parents had to leave as political refugees.  I saw their
undying love for Ukraine, one parent from the west the other from the east.  

"My father became the Superintendent of Ukraine language schools here in
the states, in his retirement he was head of the Free Ukrainian University in
Munich. 

"My mother set her own milestones, she was the only female student in her
graduating class and she graduated Magna Summa Cum Laude from Graz
medical school, in a foreign language no less.  She went on to become an
anesthesiologist at a time were this was not the specialization of choice for 
women MD's.

"The capacity of Ukraine's people, was exemplified to me by my parents,
there was never any doubt in my mind that Ukraine would never give up
until it was free and democratic!  

"My parents always asked me not to forget Ukraine, and if at all possible
when the opportunity presented itself to step up to the plate and help. I
am thrilled that  my company is in a unique position to be of service, and
humbled to be able to fulfill my parents legacy."

 

Combining real estate knowledge and a deep commitment to preserving
historic properties for the next generation, MJA Asset Management,
LLC invests in under performing historic property, and land.

MJA Asset Management'sbusiness model seeks to create added value
and investment interest in Historic structures through creative new uses
and upgrades, while retaining or restoring the Historic Landmark integrity
of the property.

In addition to investing and managing its own portfolio of Historic
Landmark properties MJA Asset Management, LLC serves as a
consultancy resource.

It promotes Historic Landmark property investment to high net worth
individuals seeking to diversify their real estate portfolio holdings via
rare property acquisition. 

As a consultancy resource MJA Asset Management, LLC removes the
impediment to investing in these high maintenance properties due to a lack
of competent management resources. MJA Asset Management, LLC
becomes that resource, facilitating the ongoing stewardship of these
properties.

MJA Asset Management, LLC staff with a combined 75 years of real
estate experience, adds additional value to its properties by implementing
forward looking and innovative improvements, such as greeningor
creating property uniqueness by planting rare tree species, such as the
American Chestnut.  

MJA Asset Management, LLC property stewardship seeks to develop
new cash flow opportunities through creative new uses of the property,
government or philanthropic grants, tax abatements for Historic
preservation and/or upgrades.

In 2006 in recognition of its contribution to the preservation of Historic
Landmark Properties, active participation in developing public policy for
Historic Landmark preservation, and the unique entrepreneurship of its
founder, Irena M. Holiat, the U.S. State Departmentinvited MJA Asset
Management, LLC to be one of six American businesses founded by
women, to join Under Secretary Karen Hughes as part of her delegation
to the Middle East North African Partnership Initiative in Abu Dhabi.

The delegation was to meet with 250 top women leaders of the Middle
East and North Africa for a Women's Economic Initiative Summit

The delegation's mission was to help develop economic hubs, create
economic empowerment for women, and identify and foster the
development of entrepreneurial training so that the region could produce
exceptional business and civil society leaders.  The initiative was hugely
successful and remains an active initiative to this day.

MJA Asset Management, LLC has offices in New York, Connecticut
and New Jersey, and looks forward to offering their unique expertise
and skill set to Ukraine.

The five new USUBC members in 2008 are: MaxWell USA, Baker &
McKenzie, Och-Ziff Capital Management Group, Dipol Chemical
International, Inc. and MJA Asset Management.