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2015-05-27

MPH Ventures Corp. : MPH Ventures to Invest in Cash-Flowing Travel Media Company Servicing Travelers to Cuba by Signing LOI to Acquire Interest in Travelucion

TSX Venture Exchange Symbol: MPSEmail:info@mphventurescorp.com

May 27, 2015

Vancouver, BC - MPH Ventures Corp. (TSX-V:MPS)
(OTCBB:MPSFF) (Frankfurt:IJA2) (the "Company") is pleased to announce that it
has entered into a Letter of Intent ("LOI") which outlines the general terms
and conditions of a proposed transaction with certain shareholders of
Travelucion S.L (the "Selling Shareholders") pursuant to which the Company
shall acquire a 20% minority interest in Travelucion S.L in exchange for
common shares of MPH Ventures with an option to acquire the remaining 80%
interest.

Travelucion is a cash-flow positive travel media company that specializes in
travel marketing, electronic reservation and online booking solutions for
international visitors to Cuba. It owns one of the most significant
portfolios of Cuba focused web properties and domains that have been
promoting Cuba and offering online travel services to the Caribbean nation
since 1995. Recently, Travelucion's revenues have been increasing in the wake
of the notable shift in American policy towards Cuba as diplomatic relations
between the two nations begin to normalize and US travel restrictions
expected to gradually relax.

Travelucion owns 100% of over 450 web assets popularizing Cuban Culture,
Music, Celebrities, +60 major destinations, Golf, Banking and Commerce which
collectively generate approximately 20 million page-views per year. Through
legacy agreements with Cuba's largest travel companies, Travelucion's
emblematic e-commerce brands like Havanatur.com, Cuba VIP and GoCuba provide
the company with access to a broader and more diverse portfolio of national
travel and tourism packages in Cuba than any other travel provider.
Travelucion is also uniquely established to handle the travel requirements of
qualified US travelers to Cuba. This allows permitted US travelers, in
addition to non-US travelers, the ability to indulge in high end hotel and
spa accommodations or create uniquely Cuban travel packages with exclusive
private home rentals, exotic/antique car services and access to a multitude
of exhilarating guided or self-discovery tours across Cuba. Travelucion has
also developed a strong social media platform consisting of over 60,000
passionate Cuba social media followers across Facebook, Twitter, Pinterest
and Instagram.

MPH Ventures and Travelucion will continue to expand the existing travel and
Cuba focused marketing initiatives in numerous sectors with a specific
spotlight on the emerging US-Cuba travel market, whilst launching the
development of mobile and web-based interfaces that will allow the company to
offer near real-time reservations based on existing technology available for
Cuban hospitality, leisure and travel services. This solution will permit all
visitors to preview and book private homes directly from their phones, order
classic car tours on demand, reserve private restaurants, tours and
adventures in real time, yet with a uniquely Cuban style. The company is
also preparing it's over 450 multi-language Cuba web properties for Global
Distribution System (GDS) integration in preparation for GDS real-time
bookings through Amadeus, Abacus and, when authorized, American GDS companies
Travelport and Sabre.

With the most significant shift in American policy towards Cuba in over fifty
years, MPH Ventures is continuing to evaluate potential investment
opportunities regarding Cuba.

The LOI was negotiated at arm's length and is non-binding. Both MPH Ventures
and Travelucion agree that preparation and execution of a definitive
agreement (the "Definitive Agreement") is required, such Definitive Agreement
to contain the terms and conditions substantially set forth in the LOI. In
addition, the Definitive Agreement may include additional terms as each of
the parties might agree after good faith negotiations.There can be no
assurance that a
Definitive Agreement
will be completed as proposed or at all.

MPH Ventures shall acquire from the Selling Shareholders a 20% equity interest
in Travelucion for the issuance of 4,000,000 MPH Venture shares at a deemed
price of $0.05 per share. On closing, MPH Ventures will become the registered
holder of 20% of the issued and outstanding shares of Travelucion. Closing of
the acquisition of the initial 20% interest in Travelucion is anticipated to
occur within 10 business days of the execution of the Definitive Agreement
and the acceptance for filing of the Definitive Agreement by the TSX Venture
Exchange.

MPH Ventures shall have a further option, for a period of one year, provided
that the Company has acquired the initial 20% interest in Travelucion, to
acquire the remaining 80% (for a total of 100% interest) from the Selling
Shareholders. The Company will be required to issue a further 16,000,000 MPH
Venture shares at a deemed price equal to the previous 10-day volume weighted
average price per share up to and including the date notice is given by MPH
Ventures to the Selling Shareholders to acquire the remaining 80% of the
issued and outstanding shares of Travelucion.

About MPH Ventures Corp.:

For further information on MPH Ventures Corp. (TSX-V:MPS) visit the Company's
website atwww.mphventurescorp.com.

MPH VENTURES CORP.

"Jim Pettit"

______________________________

James G. Pettit

President

For further information contact myself or:

Don Myers

MPH Ventures Corp.

Director

Telephone: 604-687-3376

Toll Free: 800-567-8181

Facsimile: 604-687-3119

Email:info@mphventurescorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may
differ materially from those in the forward-looking statements. The Company
undertakes no obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see the public
filings of the Company atwww.sedar.comfor further information.

Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4

www.mphventurescorp.com

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MPH Ventures Corp. via Globenewswire

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