Shelby Automobiles New Management

Joseph Jacuzzi Named Vice President of Marketing and Communications of Shelby Automobiles, Inc.

LAS VEGAS, Dec. 5 -- Carroll Shelby International, Inc. the parent company of Shelby Automobiles Inc. today announced the appointment of Joseph (Joe) Jacuzzi as Vice President of Marketing and Communications of Shelby Automobiles, Inc., effective immediately. In his new role as Vice President, Jacuzzi will provide oversight of the company's marketing, advertising and public relations at the Las Vegas, NV headquarters. Jacuzzi will report to Amy Boylan, the recently appointed President of Shelby Automobiles.

"We are very excited to have Joe as part of the Shelby Automotive team," said Amy Boylan, President of Shelby Automobiles, Inc. "Joe brings a vast experience in the automotive world in the areas of marketing and communications to our company. Combined with his immense passion for automobiles and racing, Joe is perfect for elevating Shelby Automobiles to the next level."

Jacuzzi comes to Shelby Automobiles following a successful tenure as Director of North American Brand and Product Communications for General Motors. During his time at General Motors, Jacuzzi was responsible for the communications activities of some of GM's key brands, including Chevrolet, Saturn, Pontiac, Buick and GMC.

During his seven years with General Motors, Jacuzzi held various positions including the Director of Chevrolet communications. Jacuzzi launched many of the company's key models including the sixth generation Corvette and the special Z06, and was instrumental in the acquisition of the HUMMER brand by GM. Jacuzzi held several technical communications roles for the launch of GM's successful truck lines and fostered key relationships with aftermarket partners for GM.

Prior to joining GM, Jacuzzi was responsible for product communications at Mitsubishi Motors and has worked for various public relations agencies on automotive accounts including Nissan, Nissan Racing, Infiniti and Yokahama Racing. In addition, Jacuzzi has been responsible for marketing and communications activities for various aftermarket and tuner companies.

"I am very excited about joining the great team at Shelby Automobiles and having the opportunity to work with the legendary Carroll Shelby," said Jacuzzi. "In my new role as Vice President of Marketing and Communications, I will focus on new marketing programs including the launch of the new Ford Shelby GT500 with Ford Motor Company and, of course, the car that's started it all, the iconic Shelby Cobra."

About Carroll Shelby International, Inc.

Carroll Shelby International, Inc. is the parent company of Shelby Automobiles and Carroll Shelby Licensing.

Shelby Automobiles Inc. is manufacturing high performance Shelby vehicles under the guidance of the legendary Carroll Shelby and will be involved in prototype manufacturing, design and engineering projects; and plans to increase production and availability of these Shelby products through an expanded dealer network and direct sales under a license agreement with Carroll Shelby Licensing. For more information, call (702) 942-7325 or visit the company's web site at www.shelbyautos.com.

Carroll Shelby Licensing Inc., founded in 1988, is the exclusive holder of automotive manufacturer and entrepreneur Carroll Shelby's trademarks and vehicle design rights, which include some of the world's most famous muscle cars and high-performance vehicles, including the car that brought home to the U.S. its first and only FIA World Manufacturers Championship in 1965, the famous Shelby Cobra Daytona Coupe. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For additional information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 914-1853 or write to Carroll Shelby Licensing, Inc., 11150 West Olympic Boulevard, Suite 1050, Los Angeles, CA 90064 or visit www.carrollshelbyinternational.com or www.carrollshelby.com.