NEW ORLEANS, Dec. 1 /PRNewswire-FirstCall/ -- Avoca, Incorporated
(OTC Bulletin Board: AVOC) announced today the results of its Special
Stockholder meeting held November 29th, 2004. The purpose of the Special
Meeting was to consider and vote upon the Board's recommendation to
shareholders to effect a 100 to 1 reverse stock split. The proposal passed
with 93.8% of the shares present voting in favor of the proposal. Eighty-
seven percent of the outstanding stock was present in person or by proxy.
It is anticipated that the reverse stock split will take place at the
close of business on December 10, 2004, following which the shareholders will
receive a letter with instructions for turning in their old share certificates
for new ones and/or cash. Fractional shares will receive $28 per old share as
no fractional shares will be issued.
Avoca, Incorporated owns most of Avoca Island south of Morgan City,
Louisiana, which contains approximately 16,000 acres of land used for mineral
and surface operations.

SOURCE Avoca, Incorporated
-0- 12/01/2004
/CONTACT: Paul Hogan, III of Avoca, Incorporated, +1-504-552-4720, or
phogan3@bellsouth.net /
(AVOC)