U.S. Automotive Trade Mission to the ASEAN Region Includes WorldStar

    EL CAJON, Calif.--March 30, 2001--World Transport Authority Inc. (WTA)(OTCBB:WTAI)(Frankfurt:920943), announced that its master license holder U.S. Trading & Investment Company (USTIC), from Washington, D.C., is leaving March 30, 2001 for Thailand, Philippines, Malaysia and Indonesia.
    USTIC is a member of the U.S. government-sponsored Automotive Trade Mission. The mission's purpose is to foster sales of American automotive products to four of the ASEAN region's most promising and richest markets.
    New opportunities for U.S. automotive firms are abundant in the ASEAN region due to market liberalization following the 1997-99 economic crisis. U.S. automotive exports to the ASEAN region have increased from $360 million at the height of the economic crisis in 1998 to $419 million in 1999. Cumulatively, the ASEAN countries represent a potential automotive vehicle market of 1.5 million units. The ASEAN auto market is considered to be one of the last real growth areas for the automotive industry.
    USTIC President John L. Caldwell will represent WTA and its WorldStar(R) story to the automobile industry leaders in the regions. He will meet with industrialists who are interested in buying WTA licenses and factories to build the WorldStar(R) light utility vehicles in their respective countries. The mission's schedule and individual business appointments are being arranged by the American Embassies in Bangkok, Manila, Kuala Lumpur and Jakarta.
    World Transport Authority Inc. serves the emerging world's transportation needs by setting up manufacturing facilities, using local semi-skilled labor to produce the WorldStar line of utility vehicles.

    This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. Please refer to the WTA Web site WWW.WTAIWorldstar.com and other sources for more detailed information. Investor Relations is at 619/387-8888.