Mr. Na Kyoungwon reports

SPACKMAN EQUITIES ANNOUNCES COMPLETION OF $1 MILLION PRIVATE PLACEMENT OF SHARES

Spackman Equities Group Inc. has completed a non-brokered private placement financing of 10 million common shares at 10 cents per share for gross proceeds to the company of $1-million. The net proceeds of the offering will be used by the company for settlement of current debts and working capital.

Including the issuance of shares detailed herein, there are now 303,756,362 common shares of the company issued and outstanding. All shares issued pursuant to the offering are subject to a four-month hold.

About Spackman Equities Group Inc.

Spackman Equities is an international investment firm that selectively invests into growth companies that possess proprietary know-how or technologies. The company's objective is to originate opportunities to invest into businesses at attractive valuations, build a compelling portfolio of holdings, and deliver the collective value of the company's investments to its shareholders. Spackman Equities also advises its portfolio companies on mergers and acquisitions strategies, capital structuring, and strategic alternatives.

We seek Safe Harbor.