Transnational Automotive Group LeBus Division Receives Official Facilities Transfer Commitment from Republic of Cameroon, City of Yaoundé

LOS ANGELES & YAOUNDE, Cameroon--Transnational Automotive Group, Inc. (TAUG) (OTCBB:TAMG), a global leader in transportation services and sustainable energy for the developing world, today announced that the company’s Transnational Industries-Cameroon (TIC)/LeBus division has received a joint commitment from the Government of Cameroon and the City Council of Yaoundé, the nation’s capital, for transfer of title of the SOTUC Transportation Operations Base and related buildings in Yaoundé to TIC/LeBus.

The property – headquarters and depot for the capital city’s former urban bus company – is currently the operations headquarters for TAUG’s TIC/LeBus urban transportation system. Presently, LeBus is operating a successful intra-city bus system in Yaoundé. The company is also preparing to launch a major urban bus transportation system in Douala, Cameroon’s leading industrial and business center, and is laying the groundwork for similar systems in other leading Cameroon population centers.

“We are grateful for the strong support of His Excellency, Prime Minister Inoni Ephraim; Head of State, President Paul Biya; his Secretary General, Laurent Eso; and the Government Delegate for Yaounde, Simi Evouna, which made this property transfer possible,” said Dr. Ralph J. Thomson, CEO and chairman of TAUG. “This transfer is a key development in the progress of our transportation partnership with the Cameroon Government, both for functional utility – system administration, vehicle maintenance, bus staging and fueling – and in significantly increasing TAUG’s leverageable asset base.”

Bokwe Mofor, director general of TIC/LeBus, also acknowledged the efforts of Louis Marie Abogo Nkono, Cameroon’s Minister of State Property and Land Tenure, in effecting the fast-track transfer of these valuable properties from the Government of Cameroon to the Yaoundé City Council, in accordance with a decree from the Prime Minister. In turn, the Yaoundé City Council – a significant minority shareholder in the LeBus project in Yaoundé – has committed to immediate transfer of property title to TIC/LeBus upon completion of pro-forma procedural documentation.

“The people of Cameroon and the nation’s economy will benefit greatly from the improved productivity this transfer will bring to LeBus,” said Mofor. “It enables us to maximize the efficiency and effectiveness of our Yaoundé bus operations, and will serve as an excellent facilities model for LeBus’s expansion to other Cameroon cities in accordance with TAUG’s recently-signed exclusive contract with the Ministry of Transportation for urban bus system development and management.”

About Transnational Automotive Group

Transnational Automotive Group, Inc. (TAUG), a Nevada corporation that trades under the symbol (OTCBB:TAMG), is a transportation and sustainable energy company headquartered in Los Angeles, CA, with operating entities in Cameroon, and early-stage business development efforts in other Sub-Saharan African nations. TAUG’s vision is to become the leading transportation and sustainable energy company on the African continent, and to establish key infrastructure and workforce development that dramatically accelerates Africa’s economy and quality of life. TAUG is currently exploring the establishment of mass transit systems in leading African commercial and population centers, and preparing for expansion into additional industries, including manufacturing and marketing of sustainable bio-diesel fuels.

This news release contains certain “Forward-Looking Statements” 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.