AUTO-Q International Inc. Announces Stock Dividend

    LONDON--Oct. 8, 2002--AUTO-Q International Inc. (OTCBB:AUTQ), a global designer and supplier of advanced mobile asset management systems, announced today that its board of directors had approved a stock dividend of the Company's common stock of three shares for every one share of its common stock outstanding and held of record on October 8, 2002. As a result of this action, the number of outstanding shares of the Company's stock was increased from 9,508,836 to 38,035,344 shares outstanding. The payment date is October 10, 2002 and the shares will be mailed on this date without any action on the part of the shareholders. The stock dividend was authorized by the board of directors in accordance with Nevada law.
    AUTO-Q is a global company headquartered in Warminster, Wiltshire, England. For more information please visit http://www.auto-q.com

    Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, economic conditions, market acceptance of products, risks in technology and product development.