MBAH Clarifies the Restructuring of its Capital Structure

SCOTTSDALE, Ariz.--April 20, 2005--MBA Holdings, Inc. (OTCBB: MBAH) Scottsdale, Arizona, this news release is to clarify the recent actions by its Board of Directors, it has accepted the request of Cactus Family Investments, LLC ("Cactus") to convert 460,000 shares of the Company's Class A Preferred shares into 46,000,000 common shares. It also has accepted the offer of Cactus Family Investments, LLC to return of the remaining Class A Preferred shares to the Corporation as a contribution of capital by Cactus. The Board directed that the Class A Preferred shares received should be cancelled. This action eliminated the balance of the Class A Convertible Preferred shares that would have been convertible into 156,000,000 common shares. Cactus Family Investments, LLC is controlled by Gaylen and Judy Brotherson, the CEO and Vice President & Secretary of the Company.

In addition, the Board of Directors authorized the creation of a Class B Preferred Stock of 3,000,000 shares. Each such Preferred Stock share shall be assigned the voting power of one hundred (100) voting shares for each Preferred Stock share. The Class B Preferred shares are not be convertible into common shares.

Cactus has offered to accept 2,000,000 shares of the Class B Preferred Stock in return for $317,382.50 of past due rent payments that are due to Cactus. The Board of Directors approved the acceptance of this exchange. This action improved the Company's working capital position by replacing approximately $317,000 of current liabilities with equity.

In a related action, Board of Directors has approved the filing of an amendment to the Company's Articles of Incorporation to provide fewer Common Stock shares to be used for future acquisitions by the Company. The amendment provides that the total authorized Common Stock shares will be reduced from the current authorized level of 800,000,000 to 350,000,000. The Company does not believe that more than 175,000,000 new shares may be needed to purchase the number and size of companies it wishes to acquire.

The Board has authorized the Company's Officers to prepare and file the necessary reports of its actions and has directed that the approval of the amendment by the Company's shareholders be sought in due course.

The Company also reported that it had completed the total acquisition of Blue Sky Motorcycle Rentals, Inc. that had been announced earlier and has made the requisite public disclosure of that transaction through the filing of Form 8K with the SEC.

"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.

MBA: http://www.mbadirect.com

NMDA: http://www.nmda.us