Apache Motor Corporation Announces Letter of Intent with Wayne Collins

    CALGARY, Alberta--April 25, 2003--APACHE MOTOR CORPORATION (OTCBB:APHC) ("Apache" or "the "Company") announced today that it has entered into a Letter of Intent with Mr. Wayne Collins, of Calgary, Alberta, to acquire worldwide rights to his proprietary formulas and equipment that he has designed for use in the production of cement based products.
    Mr. Collins has developed, over the last 9 years, a proprietary formulated matrix and production process using a cement base to manufacture stone products, and has produced an 8 foot X 2 foot X 1 inch wall panel. Apache is confident that this product will be widely accepted in the market place. All existing and new products, using this stone technology, will be marketed under the name "Manterra." The Manterra named products, which are scheduled to be manufactured in Mexico and distributed to world-wide markets, have both commercial and residential applications in the marketplace.
    David Bourne, President of Apache, stated: "I am very excited about the potential of the company brought on by the synergies of Mr. Collins' technology, in combination with Apache's recent acquisition of Manter Enterprises Inc. A team of technicians, on behalf of Apache, have completed the first stage of a pilot project in Nassau, Bahamas successfully integrating the two technologies. The Company believes that this integration of techniques promises to result in an improvement to the final product offerings of Apache. All indications are that, with the merging of the two technologies, the finished product(s) created as a result of the union, will move the company forward at an accelerated pace due to the superior finishes, continuity, scale of work areas, efficiencies and ranges of colours and patterns."
    Apache has reserved, and intends to change, the name of the Company to "Manterra International Corp." All pertinent information regarding the "Collins" acquisition will be disclosed in a future news release on the closing of the transaction.

    Forward-Looking Statements

    Certain statements contained herein, including, without limitation, statements containing the words "plans," "believes," "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 27A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Apache Motor Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Apache Motor Corporation disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.