Berkshire Capital Corp. Announces Closing of Reverse Takeover, Private Placement and a Name Change to Minaean International Corp.

MINAEAN INTERNATIONAL CORP.
(formerly Berkshire Capital Corp.)

FOR IMMEDIATE RELEASE
Monday, April 28, 2003
(No.03-04-01)

Contact:
Investor Relations
Phone (604) 684-2181
info@varshneycapital.com

Berkshire Capital Corp. Announces Closing of Reverse Takeover, Private Placement and a Name Change to Minaean International Corp.

Vancouver, British Columbia (PRWEB) Minaean International Corp., formerly Berkshire Capital Corp., (the Corporation") (TSX VE: BKH) is pleased to announce that it has successfully closed a reverse takeover of Minaean Ventures Inc. (MVI") and an arms length private placement for gross proceeds of $600,000.

Pursuant to a share purchase agreement dated March 10, 2003, the Corporation has acquired all of the issued and outstanding securities of MVI (the Acquisition") in exchange for the issuance of 11,530,000 common shares of the Corporation. A finders fee of 300,000 common shares was paid to an arms length party in conjunction with the closing of this transaction.

Mervyn Pinto of Delta, British Columbia acquired ownership and control of 3,030,000 common shares of the Corporation as a result of the Acquisition, representing approximately 17% of the Corporations issued and outstanding common shares. Mr. Pinto did not own any shares of the Corporation prior to the Acquisition. Mr. Pinto presently does not have any intention of acquiring further securities of the Corporation other than may be issued pursuant to the exercise of 300,000 stock options granted to him in conjunction with the closing of the Acquisition.

The Corporation has also issued an aggregate of 2,400,000 units at a price of $0.25 per unit pursuant to a non-brokered and arms length private placement, for gross proceeds of $600,000. Each unit is comprised of one common share and one-half of one common share purchase warrant of the Corporation. Each whole common share purchase warrant will entitle the holder to purchase one common share at a price of $0.30 per share for twelve months from the date of issuance and $0.40 per share thereafter, to a maximum of two years from the date of issuance. The proceeds of the private placement will be allocated as previously disclosed in the Corporations management information circular dated February 25, 2003.

The Corporation has changed its name to Minaean International Corp. in conjunction with the closing of the Acquisition. Effective April 29, 2003, the common shares of the Corporation will begin trading under the trading symbol MIB."

At a shareholders meeting held on March 27, 2003, the following individuals were elected directors of the Corporation: Hari Varshney, Peeyush Varshney, Mervyn Pinto and Keith Scott. Mervyn Pinto has been appointed as President and Chief Executive Officer of the Corporation and Keith Scott has been appointed as Chief Financial Officer of the Corporation following the closing of the private placement and the Acquisition described above.

About Minaean Ventures Inc.

Minaean is a company whose primary objective is to market and commercialize innovative building construction technologies and products that improve the efficiency with which residential and commercial structures are built. Minaeans core business is the development and production of the "Vesta" quick building framing system that utilizes load-bearing steel panels in place of traditional "stick build" construction methods based on wood or steel studs. Minaean has focused its initial marketing efforts in India, to penetrate its massive housing market (Business India Magazine, August 19th, 2002 issue, reports that there is a shortfall of 41 million homes in India.) Although Minaeans initial focus is India, there are plans to enter other markets including North America, Latin America, and other countries within Asia. The research and development of Minaeans rapid construction technology processes have been completed at the companys headquarters in Surrey, British Columbia.
On behalf of the Board of Directors:
Peeyush Varshney "

For further information, please contact:
Peeyush Varshney, Director, (604) 684-2181

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