OPE Holdings Announces Filing of Second Quarter Financial Statements and MD&A



    /NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE/

    HOUSTON, Aug. 29 /CNW/ - OPE Holdings Ltd. (the "Corporation") announces
it has filed its unaudited interim financial statements for second quarter
ended June 30, 2008 along with the Management's Discussion and Analysis
relating thereto. The Corporation's disclosure documents are available online
at www.sedar.com.
    The Corporation has also recently re-launched an updated website
containing additional information about the Corporation's engineering business
and proprietary SSP(R) FPSO platform, including investor presentations. This
website is accessible at www.opeinc.com.

    OPE Holdings Ltd. is a public company traded on the TSX Venture Exchange
under the symbol "OPE". The Corporation's operating subsidiaries based in
Houston, Texas are engaged in the offshore engineering industry and are
commercializing the Corporation's proprietary SSP(R) FPSO platform.

    The TSXV has neither approved nor disapproved of this press release.





For further information:

For further information: L. Daniel Wilson, Executive Vice Presdient, at
(403) 358-1110 (phone); (403) 887-7666 (fax); or dwilson@opeinc.com

Organization Profile

OPE HOLDINGS LTD.

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