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Wednesday, January 14, 2009

BERGAMO ACQUISITION CORP (BGMO.PK) AGREES TO SELL 70% OF SOLAR POWER PROJECT IN SINDH PAKISTAN

BERGAMO ACQUISITION CORP (BGMO.PK) AGREES TO SELL 70% OF SOLAR POWER PROJECT IN SINDH PAKISTAN

Henderson, NV - Bergamo Acquisition Corp (OTCPK: BGMO)has organized a public unlisted corp. BERGAMO E&A CORP. BAC as project manager of proposed 500 MGW Solar Energy project in Pakistan entered into a proposed joint venture proposal to sell at agreed price 70% interest in Bergamo E&A Corp to AES CORP(NYSE:AES)who will have management and construction control.

BAC supported by 20 year power purchase agreement with Government of Pakistan valued at 2,245,000,000 Billion US Dollars. BAC has formed in Pakistan new corporation Shahbaz International Investment and Securities Corp (SII&SC) who will receive transfer of profits from proposed joint venture agreement with AES Corp, Anticipated profit projected at 2,430,000 per year based on 200 MGW facilities.
SII&SC has entered into MOU with Arif Habib Bank to pursue joint ventures within Pakistan.
From Jan to April, 2009 SII&SC will have completed plans for projects as below:
LED lighting facility Solar Panel manufacturing facility Water Desalinization Dairy Products License with Japanese company to supply products for distribution in Pakistan Commercial Finance and Factoring Company in Conjunction with Bank. Arif Habib Bank investment division to organize IPO in Pakistan incorporating all of the above developments. BAC and SII&SC and Arif Habib Bank objective thru and IPO to bring to Pakistan investment of US Dollars in renewable energy and as described above in a number of other projects.

Please refer to prior announcement dated Jan 5th, 2009 and other announcements regarding Government supports agreements at http://www.pinksheets.com trading symbol bgmo.
Statements included in this release related to Bergamo Acquisition Corp., Inc., may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as the ability to locate additional debt or equity financing on reasonable terms, competitive factors, market demand for the Company's products, and the Company's ability to obtain new orders and fulfill them on profitable terms. Further information on potential risk factors that could affect the Company's financial results can be found in the Company's reports filed with the Pink Sheets News Service.
Contact 702 269 0820Hillard HerzogPresidentBergamo Acquisition Corp.

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