Mr. Denis Tusar reports

PREMIER DIAGNOSTIC HEALTH SERVICES INC. ANNOUNCES $500,000 PRIVATE PLACEMENT

Premier Diagnostic Health Services Inc.'s wholly owned subsidiary, Premier Diagnostic Center (Vancouver) Inc., intends to offer for sale, by way of private placement, up to 500,000 Class A preferred shares at $1 per share. Each of the subsidiary shares is convertible into 20 common shares of the company for two years from the date of issuance. Declared and unpaid dividends on the subsidiary shares, payable by the subsidiary, may also be converted into common shares of the company at five cents per share. The offering may close in tranches.

Neither Premier nor the subsidiary will pay any finders' fees in connection with the issuance, and both the subsidiary shares and any conversion shares will be subject to a hold period. Three insiders of Premier will subscribe for a total of 425,000 subsidiary shares. Of that portion, 25,000 subsidiary shares will be issued in settlement of debt owed to an insider of Premier. The financing is subject to Canadian Securities Exchange approval.

The company intends to use proceeds of the financing to upgrade the company's medical diagnostic equipment and the subsidiary's clinic facilities in Burnaby, B.C., and for general working capital.

We seek Safe Harbor.