NEW DISCOVERIES MAKES MOVE TO ACQUIRE $30 MILLION ASSETS

Press Release: New Discoveries Publishing Corporation

July 16, 1999
GARDEN GROVE-- New Discoveries Publishing (OTC Bulletin Board: NWDP) announced today that it has signed a Letter of Intent with the Castle Group of Hawaii (OTC Bulletin Board: CAGU), to purchase and complete a Five Star resort.

The resort, located in the Cook Islands, is approximately 85% completed with 200 rooms on 25 acres of beachfront property with lagoons fronting every room and the main dining areas. Designed by Italian architects with the most opulent of Italian marble and furnishings, this resort offers a blend of old world elegance and new world excitement.

When completed, this property will have an estimated value of $US30 million. It is estimated to take approximately $US10 million to complete for its grand opening in 2000. NWDP is currently working with lenders to obtain funds to complete the construction and for opening costs.

The Cook Islands are a unique blend of mountainous and coral reef islands. They are the perfect tropical island destination to compete with the Hawaiian islands. This resort has the potential to attract tourists seeking similar weather and cost aspects of Hawaii but with a change of scene for those that have visited Hawaii repeatedly.

``This is a home run for our company,'' said Peter Michaels, NWDP Chairman and CEO. ``This million dollar asset will greatly enhance our balance sheet for the Nasdaq or NYSE qualification requirements. This project is anticipated to bring a positive cash flow within its first year of operation. Diversification allows NWDP to enter the real estate acquisition market in addition to e-commerce banking and Internet gaming software.''

``We need to send our casino players (www.netpirates.com) somewhere. We'll treat it like frequent flyer miles! Tourists will get more for their money than other vacation resorts. The US Dollar is stronger than ever.''

New Discoveries Publishing Corporation, a Nevada-based company, was formed in 1993 and approved for public trading in September 1998. It is dedicated to providing high quality gaming and entertainment with an emphasis on customer service. For further information, visit the company's website at www.nwdp.com

This Company media release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, software functionality and capacity, timing of the commencement of operations and cash flow, and are indicated by words or phrases such as ``anticipate'', ``estimate,'' ``plans'' and similar words or phrases. The following are among the principal factors that could cause actual results to differ materially from the forward-looking statements: general business and economic conditions in the Company's operations, including the rate of inflation, population, employment and job growth rate, the pricing pressures and other competitive factors and issues arising from year 2000 information technology issues and the ability of the company to obtain equity or debt financing. Consequently actual events and results may vary significantly from those included in or contemplated or implied by such statements.

For further information you may contact Public Relations at 714.537.6700, info@nwdp or nwdp.com.

SOURCE: New Discoveries Publishing Corporation