FDHC Fidelity Holding Corporation New (CE)

Talisman Holdings (PINKSHEETS: TMHO) today announced that its wholly owned subsidiary, Advanced Organic Products Worldwide (AOP), has finalized a letter of understanding with Swiss based private venture firm -- First Swiss International Trust AG (FSIT). Under the terms of the Agreement, FSIT will arrange financing for the first 2 organic fertilizer plants to be constructed by AOP. As well FSIT has arranged for what AOP believes is the first of many purchase orders in the amount of $50,000,000 of AOP's proprietary organic fertilizers. The Agreement calls for a minimum purchase of $10 million per year over a 5-year period.

FSIT was founded in 1979 and has clients and contacts though out the world. It sees this association with AOP as a positive alliance that will bring significant opportunities to both companies over the long term. AOP believes this association will lead to explosive growth because of the existing relationships that FSIT has and the superiority of the AOP products.

AOP Worldwide fish hydrolysate is an all organic, highly nutritional protein fertilizer, made utilizing naturally occurring enzymes present in fresh fish. It is produced using a cold process employing enzymes (natural biological catalysts) which break down fish, or fish frames (the part left after the fillet is removed for human consumption) to simpler protein complexes. This process is called hydrolysis.

No synthetic materials are mixed into the fish hydrolysate, and the only manipulation the product undergoes is grinding and hydrolysis. This process yields a stable, non-odorous, liquid fertilizer that is an easy to use, safe product. The nitrogen in AOP's fish fertilizer is derived from fish protein in the form of amino acids which, when added to the soil, slowly break down into basic nitrogen compounds. While a percentage of nitrogen becomes soluble due to the nature of the manufacturing process, no inorganic nitrogen has been added.

AOP Worldwide hydrolyzed fish fertilizer does no biological damage to the soil and will promote the growth of beneficial bacteria making the soil less compact and better able to drain, yet holds moisture better for future plant use as it is needed. With our cold process, the vitamins, amino acids, enzymes, and growth hormones are not damaged or destroyed. Because no proteins are removed, the nutrients remain in the soil longer, and lower N-P-K rates can be used to meet or exceed the results obtained by chemicals with much higher rates. In addition to being approved for use in organic agriculture and home and garden use, and certified as safe by the review and listing authorities, other advantages to using hydrolyzed fish fertilizer are that it rebuilds soil, gives excellent plant growth with increased yields, and is made from a renewable aquatic resource.

David Long, Talisman President, said: "This association represents another giant step forward for the Company. It introduces our cutting edge certified organic products to another new market, and is the second strategic move in our concept of global marketing. We are dedicated to practical agricultural solutions without any adverse effects on the environment."

About Talisman Holdings:

Talisman Holdings, Inc. (PINKSHEETS: TMHO) is a highly innovative holding company built on the belief that the world's greatest potential for financial growth lies in emerging companies. Talisman Holdings finds undervalued small and microcap businesses with breakthrough products, services and technologies and delivers the equity, financial guidance, strategic counsel, consulting and business functions they need in order to succeed in the public marketplace. Taking an ownership or equity stake in standout emerging growth companies creates assets and drives shareholder value for Talisman Holdings, and the diversified holding company organizational structure and range of industries provides diversity of risk. For more information please visit Talisman's website at www.talismanholdings.com.

About Advanced Organic Products Worldwide:

Advanced Organic Products Worldwide (AOP Worldwide), a wholly owned subsidiary of Talisman Holdings, is dedicated to enhancing the value of the Company by becoming a world leader in the safe nourishment of crops, people and the environment. Presently, it is focused on marketing a revolutionary organic fertilizer which is of value to users and the environment. The Company is deeply concerned with global well being. Its future will be linked with earth friendly projects. The spirit of the Company is to be involved with the kind of undertakings that make a difference in everyday life ... where creative scientific knowledge is transferred to practical, real world results and benefits. Interested parties are encouraged to visit the corporate website at www.aopww.com.

FORWARD-LOOKING DISCLAIMER

This summary contains forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectation and are subject to a number of factors and uncertainties, such as future economic conditions and changes in anticipated revenues and costs, which may cause actual results to differ materially. The Company expressively disclaims any future obligation or undertaking to update or revise any forward-looking statements contained herein. Investors and potential investors should independently investigate and fully understand all risks before making investment decisions.

For more information contact us at: Talisman Holdings, Inc. 3035 Colony Lane Springfield, OH 45503 Phone/fax (937) 342-0383 info@talismanholdings.com AOP Worldwide 3035 Colony Lane Springfield, OH 45503 Phone/fax (937) 342-0383 info@aopww.com