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Integrated Transportation Opens Rental Operation in Nanning, Guangxi

5 May 1999

Integrated Transportation Opens New Rental Operation in Nanning, Guangxi; The Company Assigns 100 Brand-New Automobiles

    NEW YORK, May 5 -- Integrated Transportation Network Group
Inc. (Amex: ITR), announced the opening of its newest car rental operation,
Guangxi Jinzhenghua Transport Ltd., in Nanning, Guangxi Zhuang Autonomous
Region of China on March 28, 1999.
    The new facility is the largest in the city -- with an operating fleet of
100 brand-new automobiles, consisting primarily of Volkswagens(TM).
Integrated is renting the vehicles to the corporate-governmental sector under
long-term leases and to individuals under short term rentals.
    Nanning, the capital city of Guangxi, is the region's center of politics,
business, culture, and information.  It is the center of many of the region's
most important organizations and companies.   Costs and license fees for
owning automobiles remain relatively high in China at present, due to taxes
and regulatory structures.  Therefore, many organizations choose to lease
rather than own their vehicles.
    Nanning is located near a number of large cities in the southeast region
of China, such as Hong Kong, Macao, Shenzhen, and Guangzhou.  Nanning occupies
a central location and enjoys a reputation as a "Green City" due to its
picturesque subtropical landscape and year-round warm weather, which attracts
large numbers of businesses and leisure travelers.  The tourist industry is
experiencing a growing demand for rental vehicles.
    The opening was attended by a number of dignitaries and business figures.
Some of the people representing provincial and municipal governments included:
Vice-Chairman of Guangxi Zhuang Autonomous Region Government (Mr. Zhang Wen
Hsueh), Vice-Chairman of Guangxi Committee of CPPCC (Mr. Chen Lei Qing),
Secretary General of Nanning (Mr. Li Ke), Executive Deputy Mayor of Nanning
(Mr. Le Mei Song), Director of Nanning New & High-tech Industrial Development
Zone (Mr. Huang Huan Sheng), Secretary General of Beihai, Guangxi (Mr. Chen Wu
Sheng), and Mayor of Beihai, Guangxi (Mr. Jin Ren Shou).  The opening was also
attended by Mr. Nicholas Rockefeller, Managing Partner of the Rockvest
Development Company.
    Wu Zhi Jian, Chairman of Integrated Transportation, stated, "We are
pleased with the Nanning opening, especially with the strong support we have
received from the provincial and municipal government.  Guangxi holds great
potential for additional demand from its strong business sector.  Our plan
involves expanding our leasing business throughout China's 30 provinces.  With
this initiative, we are taking the necessary steps to capture additional
market share within China's emerging car rental market."
    Integrated Transportation Network Group Inc. maintains executive offices
in both New York City and Shenzhen, China, with all operations based in China.
The Company's businesses are comprised of three types of transportation
services: automobile rental, taxi and automobile repair.
    This press release contains certain forward looking information that is
subject to certain risks and uncertainties that could cause actual results to
differ materially from those projected.  Without limitation, these risks and
uncertainties include economic recessions changes in political, economic, and
social conditions, changes in economic polities, regulatory changes,
uncertainties concerning the Chinese legal system, inability of the Company to
obtain adequate financing, foreign currency fluctuations, decreases in the
demand for rental cars, and the ability to obtain and maintain government
permits, licenses and authorizations.  Readers are urged to carefully review
and consider the various disclosures made by the Company in this press release
and in the Company's periodic reports.