Karts International Board of Directors Rescinds 2000 Stock Compensation Plan

    ROSELAND, La., July 17 The Board of Directors of Karts
International Incorporated (OTC Bulletin Board: KINT) announced yesterday that
they had rescinded the Company's 2000 Stock Compensation Plan.
    The plan was adopted by the board on October 19, 2000 and ratified by
shareholders on December 12, 2000.  The plan would have allowed incentive
stock option awards to directors, officers, advisors and employees considered
key to the success of the business.  No options have been granted under the
2000 plan.  The maximum initial option or share grant allowable under the plan
was 750,000 which shares were reserved by the corporation to administer the
plan.  The plan contained a term (10-year) maximum grant of no more than
9,000,000 shares.
    Chief Executive Officer Timotheus benHarold commented, "Had we chosen to
issue options under this plan, this large block of stock had the potential to
dilute the value of our shareholders' investment, and that's simply not what
we want.  We intend this action as a gesture of goodwill towards our
shareholders.  Additionally, the board agreed that we would establish a future
plan to incent officers or employees who may be affected by the rescission."

    About Karts International
    Karts International Incorporated, through its wholly owned subsidiaries,
Brister's Thunder Karts, Inc. and USA Industries, Inc. is one of the largest
manufacturers of recreational go-karts in the United States.  The Company has
an exclusive licensing agreement with Polaris Industries to design and
distribute Polaris go-karts and mini-bikes.  Karts International is
headquartered in Roseland, Louisiana.

    The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and uncertainties,
including statements to the future financial performance of the Company.
Although the Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance that such
expectations or any of its forward looking statements will prove to be
correct.  Factors that could cause results to differ include, but are not
limited to, successful performance of internal plans, product development and
acceptance, the impact of competitive services and pricing, or general
economic risks and uncertainties.