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Class Action Lawsuit Against Turbodyne Technologies, Inc. Filed

8 February 1999

Law Offices of Lionel Z. Glancy Files Class Action Lawsuit Against Turbodyne Technologies, Inc.
    LOS ANGELES, Feb. 6 -- Pursuant to Section 21(D)(A)(3)(a)(i)
of the Securities Exchange Act of 1934, notice is hereby given that the Law
Offices of Lionel Z. Glancy has filed a class action lawsuit in the United
States District Court for the Central District of California on behalf of all
persons who purchased the common stock of Turbodyne Technologies, Inc.
("Turbodyne") between March 1, 1997 through January 22, 1999
inclusive (the "Class Period").  Named as defendants are Turbodyne and its
President, Chief Executive Officer and Director, Edward Halimi.
    Turbodyne and its subsidiaries design, develop, manufacture and market
proprietary products that enhance performance and reduce emissions of internal
combustion engines and manufacture aluminum cast automotive products,
including engine components and aftermarket specialty wheels.
    Turbodyne was, until July 19, 1997, listed on the Vancouver Stock
Exchange.  The Company commenced listing on the Nasdaq Small Capital Exchange
on March 24, 1997.  Throughout the time Turbodyne traded on both the Vancouver
exchange and Nasdaq, defendants issued a series of public statements
portraying Turbodyne as a booming company which was experiencing and would
continue to experience rapidly rising sales and profits on its core products
and new product offerings.  These public statements represented, among other
things, that Turbodyne's "breakthrough" technology was protected by more than
30 granted and pending patents in the United States and internationally, that
the United States Environmental Protection Agency had certified certain of
Turbodyne's products for special urban bus retrofitting projects, that the
United Nations endorsed the Company's products and that a United Nations
representative accompanied defendant Halimi to London and Moscow to assist in
product sales negotiations.
    The false and misleading nature of defendants' public statements remained
undisclosed throughout the Class Period, until Nasdaq announced on January 22,
1999, the last day of the Class Period, that Nasdaq was joining Easdaq in
halting trading in Turbodyne stock, while the Easdaq Market Authority
initiates disciplinary proceedings against Turbodyne for allegedly issuing
false or misleading price sensitive information to the investing public.  The
Easdaq hearing is scheduled to take place on March 1, 1999 and the NASD
hearing is set for February 25, 1999.
    As a result of the foregoing, Turbodyne's common stock traded during the
Class Period at artificially inflated prices as high as approximately $16 per
share.
    Plaintiff seeks to recover damages on behalf of Class members and is
represented by the Law Offices of Lionel Z. Glancy, and other firms with
significant experience in prosecuting class actions involving corporate fraud.
    If you purchased Turbodyne stock during the Class Period, you may move the
Court, not later than 60 days from January 22, 1999, to serve as lead
plaintiff, although you must meet certain legal requirements to do so.
    If you wish to discuss this action or have any questions concerning this
Notice or your rights or interests with respect to this lawsuit, please
contact Lionel Z. Glancy, Esq. or Tracy L. Thrower, Esq. of the Law Offices of
Lionel Z. Glancy, by mail at 1801 Avenue of the Stars, Suite 308, Los Angeles,
California 90067, by telephone tollfree at (888) 773-9224 or (310) 201-9150,
or by e-mail at lglancy@aol.com.