Transnational Automotive Initiates Urban Transportation Contract with Cameroon Government

SEATTLE--March 15, 2006--Transnational Automotive Group, Inc. ("TAUG") (OTCBB:TAMG) has begun implementation of an Agreement with the Government of the Republic of Cameroon to provide urban bus transportation to cities throughout the country ("Agreement"). Under the terms of the Agreement, a newly formed Cameroonian corporation, Parker Transnational Industries - Cameroon, SARL ("PTI-C") was established to operate the bus system. PTI-C is owned 66% by TAUG and 34% by the City of Yaounde and the Cameroon Ministry of Hydrocarbons.

Cameroonian urbanites have been without urban bus transportation for over 15 years. Under the terms of the Agreement signed on October 12, 2005, TAUG will initially provide bus service in the capitol city of Yaounde, and then subsequently provide service in the port city of Douala followed by similar service in other urban centers.

TAUG COO Don Durand outlined the progress to date saying, "We have received $1 million USD from the Government of Cameroon as part of their $1.8 million USD capital commitment to PTI-C. The city of Yaounde has also delivered to us the Yaounde city bus depot and office building used by the previous bus operator. The depot is currently being renovated and prepared to service the new bus fleet. The bus depot and office building have an estimated value of $5.5M USD."

Mr. Durand also commented, "The Agreement specifies that the government will contribute other significant urban properties to PTI-C, which will further enhance the underlying asset value of the venture. TAUG's efforts have been met by excellent cooperation from the Government of Cameroon and the City Government of Yaounde. The people of Cameroon have been overwhelmingly positive and supportive of TAUG's efforts, and our workers have done a magnificent job renovating the depot." Pictures and video of the renovation efforts may be viewed on the "Focus" page of the TAUG website, www.transauto-group.com.

Yilin Yang, TAUG Vice President for China Operations, added, "Production of the buses for Cameroon is currently underway in China, with the first vehicles scheduled to be finished on March 20th. The urban buses ordered by TAUG will offer impressive comfort and dependability for the people of Cameroon, while also engaging innovative cost-saving technologies for the Company."

Transnational Automotive Group (OTCBB:TAMG), a Nevada corporation, is a transportation management, sales and manufacturing company. Our vision is to become the leading provider of transportation management and vehicle sales in the developing world. Headquartered in Seattle WA, TAUG has been established through key acquisitions of leading transportation and automotive businesses.

This news release contains certain "Forward-Looking Statement" within the meaning of Section 21E of the United States Security Exchange Act of 1934. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents files from time to time with the Securities Exchange Commission.

Transnational Automotive Group, Inc. (OTC Bulletin Board:TAMG)