Ramoil Management Ltd. Affirms Bid to Acquire Pacific Dunlop Automotive Divisions

    LAS VEGAS--July 18, 2001--Ramoil Management Ltd. (OTC:RAMO) received the collateral today from Century Capital to buy the Pacific Automotive Divisions of Pacific Dunlop in Australia.
    Gary W. Walters, chairman/chief executive officer of Ramoil, said, "We have the management team in place for developing new marketing strategies who have been in Australia several weeks trying to work out final details of the purchase."
    Walters' idea has been to create a global automotive marketing group which would necessitate a name change to "Jump Automotive Experts" which would have a potential $9 billion market cap.
    When Walters accepted the CEO position of Ramoil Management Ltd. late last year, the debt was enormous; lawsuits were numerous. Today the debt is within reason, less than $175,000, and there is only one lawsuit.
    Ramoil Management Ltd. is a 12G full reporting company. RAMO is repositioning its market capitalization and anticipates the new market capitalization based upon all positive factors and target acquisitions being completed.
    Upon completion there will be $6 billion in cash flow, $2.9 billion in assets, and an EBITDA of approximately $240 million annually. The intention of the merger is to create an exciting stock investment eventually paying a cash dividend.

    Safe Harbor Forward-Looking Statements

    The statements made in this news release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, and the ability to successfully complete additional financings that are pertinent.