Ramoil Management, Ltd. CEO and GB MOTOR SPORTS President Announce Approval of Location and Production Facility

    LAS VEGAS, March 14 Ramoil Management, Ltd.
(OTC Bulletin Board: RAMOE) has announced today that the meeting held at
230 Jackson St., Anderson, Ind. was very successful.  Present at the meeting
was Ramoil CEO Gary Walters, GB MOTOR SPORTS' John and Sam Gladney, Ramoil
Custodian Bob Daniels, Jerry Rutherford, automotive consultant, along with the
city Economic Development Director and the Anderson Development Corp.
Director.
    Ramoil CEO Gary Walters concurred with GB MOTOR SPORTS President John
Gladney that the site location inspection will be adequate and suitable to
produce the GB Mustang Roadster.  "Now we can commence final conclusion of the
merger between Ramoil Mang. Ltd. and GB MOTOR SPORTS," said Gary Walters, CEO.
    "We found that the city of Anderson, Ind. gave us an automotive welcome
and economic development assistance application for bond inducement to
relocate our production activities to 230 Jackson St.," said President John
Gladney.  "Furthermore, thanks to Ramoil Mang. Ltd. and its CEO Gary Walters
for providing the building, and a future bond swap will make it now possible
to be in production within six months of the bond's resolution approval
process.  The facility is only one of few buildings located in the free
enterprise zones in the area, as such there are tax abatements, no inventory
tax and other immunities available to us.  These added attractions are what
made our final approval to go forward and relocate there," said President John
Gladney, GB MOTOR SPORTS.
    The GB Mustang Roadster is now ready and accepting preorders from direct
factory shipments as well as dealer inquires.  The GB Mustang Roadster can be
viewed at http://www.gbmustang.com.
    The company anticipates more forward announcements soon.

    This release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Act of 1934.  Although the company believes the expectations
reflected in such statements are reasonable, no assurances can be given that
they will prove correct.  The company remains exposed to risk factors that
include the availability of financing, technical and equipment complications,
and the availability of qualified personnel and meeting time crucial
requirements.  Statements made herein should not be considered a guarantee of
future positive corporate or stock performance.