Mile Marker International, Inc. Announces 25% Higher Quarterly Cash Dividend

POMPANO BEACH, Fla.--Dec. 1, 20047, 2004--Mile Marker International, Inc. (OTCBB:MMRK), a specialty vehicle parts distributor, today announced the payment of a 25% higher quarterly cash dividend of $0.0625 per common share.

Mile Marker International, Inc. today announced that its Board of Directors authorized the payment of a quarterly cash dividend of $0.0625 per common share on January 17, 2005 for all shareholders of record as of December 30, 2004. This dividend represents a 25% increase from the cash dividend of $0.05 per common share paid in the fourth quarter of 2004.

Richard Aho, President and CEO of Mile Marker International, Inc., said: "As we previously indicated, we are expecting a record year for 2004. While we have not finalized our 2004 financial results, it appears that our 2004 sales may be approximately 70% higher than our sales in 2003 and that our 2004 net income may be approximately 170% greater than our net income after tax reported in 2003. During 2004, the Company met its goal of sharing its earnings between dividends to shareholders and funding future growth. Based on the Company's record performance in 2004 and its expected continued strong performance in 2005, the Company's Board of Directors has decided it would be appropriate to raise the Company's quarterly dividend by 25% in the first quarter of 2005. This increased dividend represents an annualized yield of 7.6% based on the Company's current share price of $3.30."

Mile Marker International, Inc., through its wholly-owned subsidiary, Mile Marker, Inc., is a manufacturer and distributor of specialized vehicle parts primarily for the four-wheel drive utility/recreational and military vehicle markets. The Company's unique patented hydraulic winch has received overwhelming acceptance by the U.S. military for installation on new and retrofitted Humvee vehicles.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other risks factors and uncertainties detailed in the Company's filings with the U.S. Securities and Exchange Commission.