The Havana Group, Inc. Completes Purchase of the Santa Rosa Dome Prospect Concessions.

Business Editors

NORTH CANTON, Ohio--(BUSINESS WIRE)--Feb. 7, 2003

The Havana Group, Inc. (OTCBB:HVGP) is pleased to announce today that it has exercised its option to purchase the effective 50% interest in the Santa Rosa Dome Prospect. The Havana Group has signed a letter agreement

"This is the first key step in the development of our Company," said Havana's CEO William Miller, "We now want to focus on the final development and drilling of our Argentine Prospect."

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.