Sunset Suits Holdings, Inc. Announces the Closing of $16 Million Private Placement

Business Wire, July 25, 2008

WARSAW, Poland -- Sunset Suits Holdings, Inc., ("Sunset Suits"), a designer and retailer of high quality menswear based in Poland, officially announced today the closing of its May 21, 2008 private placement. Sunset Suits sold 5,128,217 shares of its Common Stock to 71 accredited and international investors for $16 million. Net proceeds to Sunset Suits from the sale of all of the shares was approximately $13.43 million. Proceeds from the private placement transaction will be used to develop the domestic and international retail stores network with excess funds being used for general working capital purposes.

The securities sold pursuant to the Securities Purchase Agreement have not been registered under the Securities Act of 1933, or any state securities laws, and have been sold in a private transaction under both Regulation D and Regulation S. On July 3, 2008, Sunset Suits filed a registration statement on Form S-1 with the Securities and Exchange Commission, or SEC, covering the resale of the shares that were sold in the private placement.

Sunset Suits' common stock is not currently traded on a national securities exchange nor has it been approved for quotation on the Over-the-Counter Bulletin Board, or OTCBB. Once the Registration Statement is declared effective by the SEC, Sunset Suits will apply to have its securities listed on either the OTCBB or on a national securities exchange.

About Sunset Suits Holdings, Inc.

Sunset Suits is a holding company whose primary business operations are conducted through its wholly-owned subsidiary Sunset Suits S.A. and Sunset Suit S.A.'s wholly-owned subsidiary Fashion Service Sp. z.o.o. Sunset Suits designs, manufactures, distributes and sells quality menswear, including suits, sport coats, slacks, dress shirts and ties. Sunset Suits operates in the formal menswear market sector and its medium price segment, and offers an assortment of styles and maintains a broad selection of fabrics, colors and sizes. For last several years, Sunset Suits has had the second highest sales of menswear in Poland. For more information please log on to www.sunsetsuits.pl.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, those concerning our goal for net income growth as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of Sunset Suits to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Registration Statement on Form S-1 filed with the SEC on July 3, 2008. The Sunset Suits assumes no obligation and does not intend to update any forward-looking statements, except as required by law.