Prime Star Group Provides Forecasts

• Press Release
• Source: Prime Star Group, Inc.
• On 8:30 am EDT, Wednesday October 21, 2009

    Company currently holds contracts for 4th Quarter of 09 in excess
    $4.5 Million

LAS VEGAS, Oct. 21 /PRNewswire-FirstCall/ - Prime Star Group, Inc. (OTCBB: PSGI - News) is pleased to announce that the Company has contracts and purchase orders in its possession for all related business divisions and subsidiaries if fully realized, estimated to produce revenues between $4.5 and $6 million dollars for the fourth quarter of 2009. The Company expects a portion of the revenue to post to Q1 2010, based upon the expected delivery dates of goods and services.

Roger Mohlman, President of Prime Star Group, stated, "We have come full circle. The company is now able to focus on building a healthy business versus trying to save a dying one. Our team has worked hard to get to reach this milestone. By leveraging each unit's operations and infrastructure we have been able to consolidate our costs and create greater efficiencies for the group. We are confident in our foundation and the future of the great family of companies we are building. Our collective goal is to increase shareholder value."

About Prime Star Group

Prime Star Group, Inc. is a holding company that focuses on four areas of business: SmartPax Packaging, Premium Food & Beverage Products, Distribution, and Risk Management. The company's operating subsidiaries produce, market, and distribute wines, tea, adult mixed beverages, flavored water, and gourmet seafood products. The company also produces co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands. Prime Star is focused on the food and beverage, entertainment, hospitality, risk management, healthcare and disaster relief industries.

Forward Looking Statements - Safe Harbor

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Prime Star Group, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Prime Star Group, Inc.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in Prime Star Group, Inc.'s filings with the Securities and Exchange Commission.

CONTACT: Prime Star Group, Inc.: Public Relations, J.M. Gonzalez, (702) 448-1860, on the web at www.PrimeStarGroup.net

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