Energy Holdings International, Inc. (EGYH.OB) Signs Memorandum of Understanding to Develop 450 MW Power Plant

HOUSTON, July 12, 2010 - Energy Holdings International, Inc. (EHII) through its wholly owned
subsidiary Advance Energy has signed a memorandum of Understanding (MOU) with
the Bangladesh Power development Board (BPDB) to develop a 200 MW single
cycle electrical power generation plant with a future expansion of up to a
450 MW combined cycle facility in the country of Bangladesh.

Technical expertise for the project is being provided to EHII by Parsons
Brinkerhoff, one of the world's leading planning, engineering and
construction management companies, (www.pbworld.com) with the initial
development phase being recently completed in Bangladesh by representatives
of Parsons Brinkerhoff and EHII which included the Power Purchase Agreement
terms as well as other required related project issues.

EHII is currently in a dialog with a number of engineering, procurement
and construction (EPC) contractors who will complete the construction of the
approximately $400 million USD project with EHII being the Independent Power
Producer (IPP) and Parsons Brinkerhoff supplying the construction management
and being the overall technical advisor. Parson Brinkerhoff along with the
EHII delegation completed the site review and began the overall final
evaluations of the project in June.

John W. Adair, Chairman/CEO stated that Parsons Brinkerhoff is a 125 year
old company and has played a leading role throughout the world with major
projects and has approximately 14,000 employees in 150 offices on six
continents.

About the company

Energy Holdings International, Inc. is a U.S. based, American-Saudi
Arabian company; focused on acquiring, developing and managing energy assets
in the Middle East, Asia and the Americas. Its website is
www.energyhii.com. Four of its Board of Directors are from Riyadh,
Saudi Arabia.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995

This press release contains certain forward-looking information and
statements that are intended to be covered by the safe harbor for forward
looking statements provided by the Private Securities Litigation Reform Act
of 1995. Forward-looking statements are statements that are not historical
facts. Readers are urged to carefully review and consider the various
disclosures in EHII's SEC periodic and interim reports.

John Adair, Energy Holdings International, Inc., +1-713-291-4722