[HollyMutual-Announce] Whitehall Well Update and an Alert

[Holly Mutual Water Company]

All:

Colorado Water Well has advised us that their electrical subcontractor has obtained the long lead items that were holding up work on the Whitehall Well repairs. The work has been scheduled and should begin next week. The estimate is that the repair effort will take about three weeks.

Holly Mutual was advised, by the Internet domain authority for China, that a Chinese company is seeking to obtain the following Internet domains: hollymutual.cn, hollymutual.com.cn, hollymutual.net.cn, and hollymutual.org.cn. While not stated clearly, the domain authority appeared to have the belief that the Chinese company was claiming to be Holly Mutual's distributor in China. Of course we have no such relationship.

This may have simply been a ploy to get us to buy a bunch of useless Internet domains. However it could alternately be a ploy to scam our shareholders in the future. Please be warned that you should ignore any communications claiming to originate from Holly Mutual from anyone outside of our exact Internet domain (hollymutual.com) or Holly Mutual's accountant Kris Morse (email: tkmzmorse1 at msn.com). If this should happen or if you are unsure, please let us know us by phone or via our email address: hollymutual at hollymutual.com.

Cheers,

Mark Derbyshire