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February 2008
Global Diversified Industries, Inc., Raise $2,000,000 For Growth

On February 22, 2008, Global Diversified Industries (OTCBB: GDVI) completed a $2,000,000 private placement.

Midtown Partners & Co., LLC ("Midtown Partners"), an SEC and NASD registered broker dealer, acted as the lead placement agent for the Registrant in connection with the issuance of the Series B Preferred Stock, Series 1 Warrants and Series 2 Warrants. Midtown Partners' corporate office is located in Tampa, Florida. Additional information about Midtown Partners can be found at http://www.midtownpartners.com

In addition, on February 22, 2008, the total of six note holders of the Registrant converted a total of $1,484,294 into 1,484,294 shares of Series B Convertible Preferred Stock.

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