A.C.L.N. Limited Begins Trading on New York Stock Exchange

    LOS ANGELES, July 18 A.C.L.N. Limited , a
global leader in the distribution and logistics of new and pre-owned
automobiles, began trading on the New York Stock Exchange (NYSE) under the
symbol "ASW," effective with the opening of the market today.  The Company's
common stock had previously traded on the Nasdaq National Market System under
the symbol ACLNF.
    A.C.L.N. Limited was founded in 1978 and is headquartered in Cyprus.  For
the year ended December 31, 2000, the Company shipped more than 112,000 new
and pre-owned owned vehicles from its ports in Europe to fourteen African
ports.  When compared to 1999, revenue for the 2000 year increased 72 percent
to $168.1 million, with net income up 91 percent to $42.4 million, or
$3.03 per share.
    According to Joseph Bisschops, A.C.L.N. Limited Chairman, the move to the
New York Stock Exchange will enhance the visibility of the Company to
institutional and individual investors as it continues its growth and
expansion internationally.  He added, "The NYSE is where many international
companies' stocks are traded.  It has a strong reputation worldwide, and we
have high regard for the stability of the specialist system and the overall
efficiency of the exchange."
    A.C.L.N. Limited President and C.E.O., Aldo Labiad said, "We are a rapidly
growing Company, and there is a dramatically expanding demand for the services
we provide.  The NYSE is a globally recognized marketplace, and is the best
exchange for our stock.  We believe the trading in our stock will benefit from
increased liquidity as well as lower volatility."
    Dick Grasso, Chairman of the New York Stock Exchange, commented, "A.C.L.N.
Limited is an outstanding addition to our growing list of non-U.S. companies."

    About A.C.L.N. Limited
    A.C.L.N. Limited (http://www.aclnfltd.com) is a global leader in automobile
logistics, serving four European ports, and fourteen ports of destination in
Africa.  Founded in 1978, A.C.L.N. currently operates two primary business
segments: (i) automobile logistics services between Europe and Africa, and
(ii) a wholesale automobile distribution service in Africa.  With an
established global network, A.C.L.N. provides door-to-door shipping and
logistics of personal vehicles from Europe to developing countries in Africa.

    For investor relations information, visit the A.C.L.N. pages in the
"Client" section of the Allen & Caron Inc web site at http://www.allencaron.com

    This news release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.  These
forward-looking statements include but are not limited to statements that
relate to the Company's sales, profitability and growth, demand for its
products or services, growth in the markets it serves or any other statements
that relate to the intent, belief, plans or expectations of A.C.L.N. or its
management, or that are not a statement of historical fact.   Any forward
looking statements in this news release are based on current expectations and
beliefs and are subject to numerous risks and uncertainties that could cause
actual results to differ materially.  Other factors that could cause
A.C.L.N.'s actual results to differ materially are discussed in the Company's
recent filings with the Securities and Exchange Commission.  A.C.L.N.
disclaims any obligation to update any forward-looking statements as a result
of developments occurring after the date of this press release.

    For further information, please contact Investors, Jane Creber,
949-474-4300, jane@allencaron.com, or Mike Mason, 212-691-8087,
michaelm@allencaron.com, or Media, Len Hall, 949-474-4300, len@allencaron.com,
all of Allen & Caron Inc, for A.C.L.N. Limited; or Christian Payne, Chief
Financial Officer of A.C.L.N. Limited, 310-551-0062, christian@aclnltd.com.