St. Croix, U.S. Virgin Islands --Jan. 9, 2008 --  The Stanford
Financial Group of companies is expanding significantly its presence in the
Caribbean with the building of a global management campus in St. Croix.
Stanford plans to break ground next month on construction of the new
state-of- the-art complex which will include 105,000 square feet of office
space and conference facilities. An official groundbreaking ceremony is
planned for later in February.   

    The Stanford Financial Group global management office will be located
on a 37-acre site at the southwest corner of the Henry E. Rohlsen
International Airport. Stanford has been working closely with the Virgin
Islands Port Authority to secure the location and negotiate the particulars
of the long- term investment in St. Croix.

The new facility will serve as the base for the support functions of
Stanford's global network of financial services companies.

Stanford will also establish in St. Croix the management offices for
the Stanford 20/20 Cricket Tournament, the newly formed Stanford Caribbean
Investments and Stanford Aviation.

"We are extremely pleased to work with Stanford Financial Group on this
prestigious project," said Robert O'Connor, Jr., Chairman of the Governing
Board of the Virgin Islands Port Authority. "This is a good example of how
we can work in partnership with the corporate community on important
development and business investment projects. To have a company like
Stanford Financial Group select St. Croix for such a significant corporate
investment shows the confidence that Sir Allen has in the United States
Virgin Islands."

    According to Stanford Chairman and CEO Sir Allen Stanford, St. Croix is
an ideal place for our global management office. "The governing bodies of
the USVI and the Virgin Islands Port Authority have been extremely helpful
to us in developing our plan for long-term growth and investment in the
Caribbean. They understand the needs of a multi-national company like
Stanford. Anyone who knows me knows of my passion for the Caribbean, and
I'm delighted to be expanding our presence in the region to St. Croix," he
said.

    About Stanford Financial Group

    Stanford Financial Group is a privately held, wholly owned global
network of financial services companies led by Chairman and CEO Sir Allen
Stanford. The first Stanford company was founded by his grandfather, Lodis
B. Stanford, in 1932. Stanford's core businesses are private wealth
management and investment banking for institutions and emerging growth
companies.

    Stanford provides private and institutional investors with global
expertise in asset allocation strategies, investment advisory services,
equity research, policy research, international private banking and trust
administration, commercial banking, investment banking, merchant banking,
institutional sales and trading, real estate investment and insurance.
Securities products and services in the United States are offered through
Stanford Group Company, member FINRA/SIPC. More information on the company
can be found at http://www.stanfordfinancial.com