Ginseng Forest, Inc. Announces Official Name Change To Carroll Shelby International, Inc.

LOS ANGELES, July 31 -- Ginseng Forest, Inc. (BULLETIN BOARD: GSGF) conducted a meeting of Shareholders, which was held July 28, 2003 at Carroll Shelby Licensing in Los Angeles. The Shareholders voted on and approved several issues and proposals as outlined in the proxy statement, including a name change to Carroll Shelby International, Inc., increase in the authorized Common Stock from 25 to 50 million shares, authorizing the issuance of up to 5 million shares of Preferred Stock, and the adoption of an Incentive Stock Option Plan for our officers, directors, employees and consultants.

The new NASDAQ ticker Bulletin Board symbol for Carroll Shelby International, Inc. (BULLETIN BOARD: CSBI) (parent company for both Shelby Automobiles, Inc. and Carroll Shelby Licensing, Inc.) has been changed to OTC Bulletin Board: CSBI.

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