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Laforza Automobiles, Inc. Announces Cancellation

29 May 1998

Laforza Automobiles, Inc. Announces the Cancellation of Their March 20 Announcement of $600,000 in Private Funding

            Enters into a Letter of Intent with ILFAS of Lithuania

    SAN DIEGO, May 28 -- Laforza Automobiles, Inc.
(OTC Bulletin Board: LFZA) announced today that they have canceled part of
their agreement with a private investor for a $600,000 funding previously
announced March 20.  In this announcement the company announced it was
finalizing the purchase of all remaining inventory from the 1989-90 Model Year
Laforza SUV's, currently being stored in a Detroit warehouse.
    In November 1997, the Company came to an agreement with Badrahn
Enterprises to purchase the remaining 1989-90 Laforza vehicles for $500,000
cash and agreed to pay $10,000 per month for the cost of storage in the
warehouse.  Out of this funding $100,000 was accepted from the private group.
President and CEO David Hops commented , "We have decided to go a different
route and work with ILFAS of Lithuania."  He also commented, "This will open
up a whole new market for us."
    The LAFORZA Sport Utility Vehicle (SUV) is an upscale, luxurious 4 X 4
automobile whose rolling chassis' are imported directly to the Company from
the Italian manufacturer, Magnum Indusriale.
    Laforza Automobiles, Inc. is a publicly traded company that has the
exclusive import and distribution rights to the Laforza SUV throughout North
America.  To find out more about this emerging growth company, please visit
their web site at http://www.laforza.com .
    This news release contains forms of forward-looking statements that are
based on the company's beliefs as well as assumptions made by information
currently available to the company.  Such statements are subject to certain
risks, uncertainties, and assumptions, which are identified in the company's
Rule 15c2-11 Information Statement.  Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results will vary materially from those anticipated, estimated or
projected and the variations may be material.
    For more information, contact Jeff Chatfield of Laforza Automobiles, Inc.,
888-282-6255.