Patriot Motorcycles Corp. Reduces Outstanding Shares By 2,160,000

IRVINE, Calif.--June 9, 2004--Michel Attias, CEO of Patriot Motorcycles Corp. (Pink Sheets:PMCY), announced today that he has cancelled 216,000 shares of Preferred stock.

Attias had converted his outstanding personal loans to Patriot Motorcycles into 216,000 preferred shares with a conversion ratio of 1 for 10 (every 1 share of preferred converts into 10 shares of common). Based on conversion into common shares, the cancellation of the preferred stock reduced the fully diluted common stock from 7,103,425 to 4,943,425 (a reduction of 30.41 percent).

Attias stated, "I made this decision based on new business developments at Patriot Motorcycles and my desire to structure the company to raise additional capital from outside investors, and to increase the shareholder value for current and future shareholders."

Note: Statements contained in this release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1998, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based upon information available as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties and the company's actual results may differ from these forward- looking statements. Such risks and uncertainties include but are not limited to demand for the company's products and services, PMCY's ability to continue to develop its market, general economic conditions and other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.