An opportunity has presented itself to LASV Enterprises, Inc. allowing the company to acquire a percentage in an additional, new, First Class Hotel and Casino.  The New Partners, Dominican Republic Residents, will own a percentage of the current Luxury Condominium and Casino Development project situated at Cabarete Bay, in the Dominican Republic, with LASV Enterprises, Inc. retaining the majority interest.  Upon successful completion of the ongoing negotiations, LASV Enterprises, Inc. will be positioned as the majority holder of our current development project while holding a smaller interest in the new Hotel and Casino Development.  LASV Enterprises, Inc. will control the operations of the Casinos and Resort after completion.  With the Dominican Republic government taking a very pro tourism mandate, LASV management has been warmly welcomed into the country.

This particular property on the north side of the island is close to the area where Christopher Columbus set up his settlement. He had the entire Caribbean to choose from but he picked this spot. Cabarete Bay Casino and Beach Resort  is situated directly on the ocean. The property is approximately 5.4 acres, with 350 feet of beach frontage. For the golfers, an 18 hole Robert Trent Jones course is only minutes away.  The property is presently subdivided into 5 building of 24 strata apartments each (120 total) and various common properties, such as the bar, pool, reception / casino building, etc. for a total of about 140 individually titled units.  At present time, Building #3 is substantially completed, and the foundation for Building #2 has been laid. Also a pool, restaurant and the waterfront bar has been constructed to act as a reception / sales area.

LASV Enterprises, Inc. is actively dealing on the purchase of a First Class, Highly Profitable Airline.  The closing of this transaction has been delayed, but we are extremely confident of closure in the first quarter of 2001.  Confirmed funding is in place awaiting completion.

LASV Enterprises, Inc. will offer a strong synergy of business interests and opportunities with planned acquisitions of Airlines, Air Routes, Hotels, Resorts and Casino Developments added to their current interests.  This will consolidate the Company�s position as a Leader in the Hospitality and Travel Industry.

LASV Enterprises, Inc. abruptly ceased all dealings and future negotiations with SilverHawk Development Corporation of Nevada and its associated companies with dealings in Mexico and China, as well as all projected time-share sales offices.  With immediate effect, Von G. Batesole, Chairman and John Chupa resigned from the Board of LASV Enterprises, Inc.  The Attorneys for LASV Enterprises, Inc. and the SilverHawk Development Corporations� Attorneys strongly counseled LASV, that due to the debt situation within SilverHawk Development Corporation, and the fact that verification of SilverHawk Development Corporation�s ownership of any hotels or resorts in Mexico, the United States, including the widely talked about Anaheim project at the expanded Disneyland Park, as well as the lack of verification on the hotels and resorts in China, and being that the only verification presented by SilverHawk Development Corporation was a �shabby� Option Agreement regarding a hotel in Mexico and some type of Option Agreement on a resort in the Cook Islands, completion of the transaction was not advisable.  Upon further due diligence it is LASV Enterprises, Inc. opinion that the acquisition of SilverHawk Development Corporation, also known as SilverHawk International Corporation, and its associated companies had no asset value or future revenue.

Under the Private Litigation Reform Act of 1995: Statements in this press release that are not historical facts, including statements about plans and expectations regarding businesses and opportunities, demand and acceptance of new and existing businesses, capital resources, and future financial condition and results are forward-looking.