New Issue: Fashion House concludes private placement for $8.01 million

By Sheri Kasprzak

New York, July 17 - Fashion House Holdings, Inc. closed a private placement for $8,014,732.

The company sold the shares at $1.00 each and also issued warrants for 4,007,366 shares, exercisable at $1.25 each for 10 years.

Brookstreet Securities Corp. was the placement agent for the deal, which priced back in June 2005.

Fashion House, based in Los Angeles, designs and markets women's shoes.

Issuer:	Fashion House Holdings, Inc.
Issue:	Stock
Amount:	$8,014,732
Shares:	8,014,732
Price:	$1.00
Warrants:	For 4,007,366 shares
Warrant expiration:	10 years
Warrant strike price:	$1.25
Placement agent:	Brookstreet Securities Corp.
Settlement date:	May 1
Stock symbol:	OTCBB: FHHI
Stock price:	$1.42 at close May 1
Stock price:	$0.73 at close July 14

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