BELIZE CITY, Belize, Aug. 3 /PRNewswire/ -- BHI Corporation
(Nasdaq: BHIKF), a leader in the outsourced facilities services sector in
North America, announced today that Michael A. Ashcroft, currently the
company's Chairman, has also assumed the role of Chief Executive Officer of
BHI.  Former CEO Stephen J. Ruzika has resigned from the Company for personal
reasons.
    BHI also announced the following appointments:

    David B. Hammond, currently a Director of BHI, was named Deputy Chairman
    of BHI.  Mr. Hammond has more than 25 years experience in the services
    sector and served as Deputy Chairman of ADT until 1996.

    Raymond A. Gross, currently the President of BHI's facilities services
    business, was appointed Chief Operating Officer of BHI.  Mr. Gross was
    formerly Senior Vice President of ADT Security Services Inc.

    Peter Gaze, who served as Group Financial controller at ADT from 1990-
    1997, was named Chief Financial Officer of BHI.

    Philip Johnson, who has been President of The Belize Bank since 1995,
    becomes Senior Vice President for Financial Services.

    Mr. Robert A. Simensky, who left Merrill Lynch to join BHI as Executive
    Vice President, Director of Corporate Development in April, now has
    principal responsibility for mergers and acquisitions, reporting directly
    to Mr. Ashcroft.  In addition to evaluating acquisition and capital
    markets opportunities for BHI, Mr. Simensky will also assume an expanded
    role in capital markets communications.

    Mr. Eddie Turner becomes Chairman of BHI's facilities services business.
    Mr. Turner has over 27 years experience in the industry and held previous
    positions as President and Chief Executive Officer of Oxford Building
    Services and ADT Maintenance Inc.

    Commenting on the new management structure, Mr. Ashcroft said, "BHI was
attracted to the outsourced facilities services business because we see
exceptional potential for growth in the industry.  However, to maximize that
potential and expand BHI's strong base of existing business, we need an
aggressive acquisitions program.  As CEO, I will actively direct a program of
disciplined growth, both internal and through acquisitions, and maintain the
Company's focus on consistent earnings growth and increasing shareholder
value."
    "I am confident that the management team now in place significantly
enhances our ability to compete," Mr. Ashcroft added.  "This team combines
exactly the right skills with extensive experience in the services sector.  We
have a pipeline of potential transactions under review and we expect to be
making further announcements in the near future."
    BHI Corporation is a leader in the outsourced facilities services sector
in North America and owns and operates selected service businesses in Central
America.  BHI prepares its financial statements in US dollars and according to
US GAAP.

    Forward-Looking Statement
    Certain statements in this press release constitute "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995.  In particular, statements contained herein regarding expectations
with respect to future revenue and business expansion, are subject to known
and unknown risks, uncertainties and contingencies, many of which are
beyond the control of BHI, which may cause actual results, performance or
achievements to differ materially from anticipated results, including, among
others, overall economic and business conditions, the demand for BHI's
services, competitive factors, regulatory approvals and the uncertainty of
consummation of future acquisitions.  Additional factors which may affect
BHI's business and performance are set forth in BHI's filings with the
Securities and Exchange Commission.

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