MBA Issues Progress Report on Rental Programs & Warranty Division

SCOTTSDALE, Ariz.--March 15, 2005--MBA Holdings, Inc. (OTCBB: MBAH) Scottsdale, Arizona has key developments to update shareholders regarding the company's rental programs, MBA's subsidiary, the National Motorcycle Dealers Association (NMDA) and MBA's warranty division.

Our marketing team has secured ten applications and over a dozen additional verbal commitments from nationwide dealerships to become rental locations through MBA's subsidiary, WorldWide Motorcycle Rentals and it new slogan "Rent Me, Ride Me, Buy Me". The first Big Dog rental location has already been signed and is one of the top five Big Dog dealers nationwide. Worldwide's web-based reservations system, which is being deployed at this flagship locations and several others during the rollout phase, will be debuted on the internet and marketed to the consumer marketplace later this month.

In addition to Big Dog Motorcycle Manufacturers recently endorsement announced by the Big Dog's Motorcycle's President, we are finalizing an agreement with another of the top three U.S. motorcycle manufacturers to sponsor NMDA programs and WorldWide Motorcycle Rentals. One of the locations in this manufacturer's dealer network has already joined the WorldWide rental program. WorldWide has accepted applications from one of the country's prominent Harley dealer's custom motorcycle stores to its rental program with expectations to run a sizable rental fleet at this large eastern custom motorcycle dealership. Talks will be held to enroll as rental locations other custom motorcycle dealerships run by this ownership group.

Our valued rental program partner Lumpy of Blue Sky Motorcycle Rentals is wrapping up a very successful showing at Daytona Bike week having had many rental bikes in continuous rotation over the course of the event. Daytona provided Lumpy and Gaylen Brotherson an ideal setting for further contact with large dealers and motorcycle manufacturers and industry personnel leading to the successful recruitment of numerous dealers and motorcycle manufacturers to become part of the Blue Sky and WorldWide Rental Programs, and the NMDA Leasing, and Manufacturers Product Liability Pool program being prepared by the MBA and the NMDA.

Our companies have analyzed the motorcycle rental market and assessed it is wide open market to garner major market share. We feel we are now moving forward to capture a leadership position through Worldwide and Blue Sky. The Integrating our rental business into our New Web Based system that harnesses the internet with our reservation systems tracking and compliance criteria to the satisfaction of our major insurance backers, we are prepared to maximize the earnings value found in the motorcycle rental space and achieve the growth necessary to leverage all the NMDA programs through our expanding membership network.

Why do we think the motorcycle rental market space is significant? Profit margins. Actuarial analysis of liability for motorcycle riders shows it is highly profitable for insurers and their partners like ourselves. We organize the business protocols and sign up the rental locations. For this we share in a significant portion of the insurance premiums with the carrier. Each bike in operation represents at least $1,500 annually of high margin, quality cash flow for us. Since many of these bikes will go into circulation via our cyclease program, that initial figure will often be closer to $2,000 per bike.

Prudence dictates we cannot give exact projections for the revenue growth of our rental operations, but with the sponsorship of top U.S. manufacturers there is now the potential to become the number one motorcycle rental company in 2005 in terms of number of locations and total bikes under contract. If we hit these targets, the first 1,000 bikes under contract should add a minimum of a million dollars in profits to our bottom line this year. But we are setting our sights higher since the aggregate income and profit potential then grows significantly when factoring in the income from our leasing program.

Our leasing program partnership with the highly successful Van Tuyl Organization into the NMDA Cyclease Program is one of the keys to synergizing our rental/lease operations. A large portion of rental bikes are expected to go into circulation via our leasing program because it effectively lowers the inventory entry cost to establish a new rental division. We already have dealers using the leasing program on a consumer level and this is where the numbers can grow further as the NMDA captures the same commission fee on all leasing contracts. We expect to see an increase in leasing contracts marketed directly to the retail space by our NMDA dealers members and rental dealer locations. The motorcycle leasing market nationwide remains largely untapped and should grow to tens of thousands of leases in the next year.

The rental and leasing programs are proving to be an effective recruiting tool to grow NMDA membership and signups in March have accelerated considerably. One of the strongest sales drivers resulting from the rental programs is the ability of dealers to subsequently sell, and lease motorcycles to their satisfied rental customers. With this boost to our memberships' sales channels comes the leverage to grow the sales of other NMDA partners' to help with floor planning, finance, insurance and other dealer needed product lines. Our goal is to grow the rental network to 3,000 rental bikes nationwide by the end of 2006.

The key to leveraging our business model is to help the motorcycle dealer with his need which will become multiple streams of income though marketing and sales. To ensure we are effective in this our company has recently made key hires to service our growing membership base, sell the memberships products and grow our own product lines of warranty, gap, credit life, tire and wheel, roadside assistance and motorcycle rentals. This new team has been very impressive and they are already producing significant results for the company through sales, dealer and rental signups, partnership negotiations and key marketing alliances.

Warranty sales continue to be performing at higher levels than previous quarters. The telemarketing program initiated to sell MBA warranty products is being expanded to increase sales even further. The key to closing on a much higher volume of warranty sales opportunities is providing ready made financing options to potential customers. MBA is arranging for the warranty-marketing program to now facilitate the services of Mepco Premium Financing to help capture a significantly greater portion of warranty customers that would otherwise be lost due to their need for long term financing of Warranty Products.

We will report on the results of this enhanced warranty marketing campaign, but already anticipate the provision of financing terms can increase the sales of our marketing partners by anywhere from two to four times the original sales target of new warranty contracts per month later this year. Our warranty sales in this quarter are now a significant factor over previous quarters and with the aggressive expansion of our rental programs underway, we expect revenues in the upcoming quarters to show real growth going forward.

Upcoming events include Arizona Bike Week in April 2005 where the NMDA will partner with Manheim Auctions to bring dealer and individual owners motorcycles to auction. The NMDA has and will provide financing and insurance products to purchasers of motorcycles at Manheim auctions. The association will also use the Arizona Bike Week to begin marketing to the public "NMDA Riders Club" which provides a full roadside assistance package to individuals and families. This program will now be marketed at NMDA attended events, directly through NMDA dealerships and via an online retail application to be made available on the NMDA website.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the insurance or associated automotive industries and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements.

M.B.A. Holdings

http://www.MBADirect.com

The National Motorcycle Dealers Association

http://www.nationalmda.com