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Great White Marine and Recreation, Inc. Breaks Ground

8 June 1998

Great White Marine and Recreation, Inc. Breaks Ground on 30,000 Square Foot Facility in Monterrey, Mexico

    WACO, Texas, June 8 -- Great White Marine and Recreation,
Inc. (OTC Bulletin Board: TGSK) announced today that the Company is building a
30,000 square foot facility in Monterrey, Mexico to serve as the new
headquarters for Great White's 100% wholly owned subsidiary, Great White
Marine de Mexico.  The new headquarters will be three times larger than the
existing facility and is expected to increase Great White's annual revenues
significantly beyond its 1997 revenues of approximately $14.3 million.
    Colin Smith, President and CEO of Great White, said "This new facility is
part of the our overall expansion plan.  In May, we announced two major
distribution agreements that will expand our business in Mexico.  One with
Polaris Industries, Inc. to warehouse and distribute Polaris personal
watercrafts and all-terrain vehicles throughout Mexico.  The other
distribution agreement is with Fisher, a division of Tracker Marine, to
warehouse and distribute the entire line of Fisher aluminum and fiberglass
boats.  We also plan to open an office and warehouse near the port of Miami to
distribute its lines to the Virgin Islands and South America."
    Located in Monterrey, Mexico with a population of approximately five
million, Great White's new headquarters in Mexico is expected to be completed
by late July and will be the largest marine and recreational vehicle facility
in Mexico.  It will serve as a major distribution facility for Great White de
Mexico and will include a retail showroom, administrative offices, and
warehouse for all product lines.
    Great White reported a 40% increase in first quarter 1998 with audited
revenues and net earnings of $5,348,765.92 and $720,078.75, respectively.
Earnings per share climbed to 10 cents a share for the quarter 1998.  The
Company also reported record revenues and earnings for the fourth quarter for
year ended 1997.  Revenues were up 176% to $14.3 million with net earnings up
150% to $1.7 million, or $0.29 per share.
    Great White Marine & Recreation, Inc. is an international distribution
company of marine watercraft and recreational vehicles and related products
through its network of dealers extending from the southwestern United States
into Central America, Mexico, and South America.  Brand name products
distributed by Great White include Polaris(TM) personal watercrafts and all-
terrain vehicles, Mercury(TM) outboard boat motors, Mercury QuickSilver(TM)
two-cycle engine oil, and an extensive line of Fisher(TM) fiberglass and
aluminum boats as well as Cruisers Yachts.  Great White's corporate
headquarters are in Waco, Texas with sales, servicing and warehousing
facilities in Monterrey, Mexico.
    For more information: Carlisle Communications at 800-785-9345 or Sitra
Enterprises, Inc. at 512-453-3817, or e-mail at tgsk@sitra.com.
    The Company intends that such statements about the Company's future
expectations, including future revenues and earnings, and all other forward
looking statements be subject to the "safe harbors" provision of The Private
Securities Litigation Reform Act of 1995.