Napier-Wattyl Relationship Expands to New Zealand and the South Pacific

    VANCOUVER, British Columbia--Feb. 28, 2002--Napier Environmental Technologies Inc. is pleased to announce an expansion of the international distribution agreement with coatings giant Wattyl Ltd. The agreement grants Wattyl New Zealand Ltd. the right to purchase for use, resale and distribution Napier's RemovAll(TM) products within New Zealand, Papua New Guinea and a selection of Pacific Islands. The entire RemovAll(TM) brand line including patented SARA coating removers in liquid and spray formulations as well as the graffiti remover products will be sold under the agreement.
    The initial success of Napier's product introduction to Wattyl's sales representatives and contractors in Australia has led to the expansion of the relationship with Wattyl Ltd. The Australian sales team has now received sales training from Napier's technical team and due to immediate demand from contractors is requesting the shipment of an additional 40-foot container of product. A number of large projects are presently in the test stage with results expected shortly.
    Wattyl New Zealand Ltd. is the third largest paint company in New Zealand with 220 employees generating NZ$58 million in sales annually. Wattyl distributes through a network of 600 DIY and paint specialist outlets. The company controls 35% of the retail market, 27% of the industrial market and 18% of the architectural and trade market.
    Napier's management is expecting that sales of product into the Southern Hemisphere will help offset the seasonal slowing of sales that the company has previously experienced. A combination of cost controls and revenue growth should provide substantial improvements over prior years operating results.

    Forward Looking Statements:

    This release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause actual results to differ materially include: rapid technological and/or market changes in the industry; the ability to maintain and grow successful third party and customer relationships, to improve current products and develop new products, to adequately protect the company's proprietary rights and other factors described in the company's regulatory filings. Although we believe the expectations reflected in our forward looking statements are reasonable, individual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

    ON BEHALF OF THE BOARD OF DIRECTORS
    Bradley T Aelicks, President

    The Toronto Stock Exchange neither approves or disapproves the contents of this news release which has been prepared solely at the discretion of management.