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The Auxer Group, Inc. Announces Sponsor of National Hot Rod Association

3 May 1999

The Auxer Group, Inc. Announces Sponsor of National Hot Rod Association -NHRA- Racing Team

    WAYNE, N.J.--April 30, 1999--The Auxer Group, Inc. (OTC BB:AXGI) announced today its sponsored National Hot Rod Association (NHRA) Drag Racing Team will be competing April 28 - May 2 at Virginia Motorsport Park, Dinwiddle, VA a national points race.
    They will be driving the Formula 2000 Ultimate Engine Treatment cars; a 1993 Alston/Mustang, driven by Glen Winzer and a 1997 Mullis chassis long nose Ford Dragster, driven by JoAnn Winzer.
    FORMULA 2000 ULTIMATE(tm) is a superior synthetic engine treatment which reduces friction, lowers heat buildup and protects automobile engine parts during start-up and use. Formula 2000 Ultimate can be purchased directly through its e-commerce site at www.auxer.com.

    ABOUT THE COMPANY

    The Auxer Group, Inc. (OTC-BB "AXGI") is an investment holding company that is comprised of three wholly-owned subsidiaries: Harvey Westbury Corporation, CT Industries and Hardyston Distributors. Auxer Group is a manufacturer, wholesaler and distributor of automotive, marine and aviation after-market and hardware products. These products are currently sold to major retail chains around the country including, PEP BOYS, MANNY, MO and JACK, CARQUEST, PARTS AMERICA (WESTERN AUTO), WAL MART, KMART, WEST MARINE just to name a few. The Auxer Groups' most well known products include FORMULA 2000 ULTIMATE (A high performance engine treatment), GARRY'S ROYAL SATIN WAX AND POLISHES (a 70 year old superior car and marine wax line).
    Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.

For more information please visit our websites at www.auxer.com