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Norton Motorcycles Announces Resignation of President and Action by Lender

29 November 1999

Norton Motorcycles Announces Resignation of President and Action by Lender

    MINNEAPOLIS, Nov. 29 -- Norton Motorcycles, Inc. ("Norton" or
the "Company") (OTC Bulletin Board: NRTN) announced that John Tastad had
resigned as Norton's President.  The Company also announced that NMI
Investments, LLC had advised the Company that it was in default on the payment
of interest.  NMI Investments has also advised the Company that if the Company
did not remit the interest that NMI Investments would accelerate the maturity
of the $700 thousand outstanding under a bridge loan facility.
    Headquartered in Eden Prairie, Minn., Norton Motorcycles is a
development-stage enterprise.  Norton has been engaged in the design and
development of a line of high-performance, premium motorcycles and the
marketing of motorcycle products.  All of the products are intended to be sold
under the famous "Norton" brand name, which will provide its motorcycles with
worldwide appeal and brand recognition among motorcycle enthusiasts.
    Statements used in this Press Release that relate to future plans, events,
financial results or performance are all forward-looking statements as defined
under the Private Securities Litigation Reform Act of 1995.  Actual results
may differ materially from those anticipated as a result of various risks and
uncertainties, including, but not limited to:  the Company's ability to raise
short-term and long-term capital; the Company's ability to create product and
brand name awareness; the level of consumer acceptance of the Company's
products; the Company's ability to design, develop and market its products on
a cost-effective basis; economic trends; industry competition; the outcome of
existing litigation with the Company's former engineering firm; as well as
various other risks and uncertainties, including all risks associated with the
Company being a development-stage company with limited assets and no existing
revenues.  The Company has no obligation to publicly update or revise any of
the forward-looking statements that may be in this release.