---

Kenwick Industries Inc. Files a Form 10-SB Registration Statement

8 December 1999

Kenwick Industries Inc. Files a Form 10-SB Registration Statement With the Securities and Exchange Commission

    FORT LAUDERDALE, Fla.--Dec. 7, 1999--Kenwick Industries Inc. (OTCBB:KWIN), a multi-industry corporation whose core business is automobile sales and financing and the management of language programs with distribution to institutions and consumers, today announced that on Nov. 18, 1999 it filed a Form 10-SB registration statement with the Securities and Exchange Commission (SEC), pursuant to which it seeks to register its publicly traded common stock under the Securities and Exchange Act of 1934 while also creating an ongoing obligation to make periodic filings with the SEC.
    The Form 10-SB is to be reviewed by the SEC, and upon satisfaction of any SEC comments through the filing by the company of appropriate amendments, the Form 10-SB registration would be effective at some future date.
    Investors are encouraged to review the Form 10-SB in its entirety as well as any subsequent amendments.

    The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Kenwick) contains statements that are forward-looking. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of Kenwick. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and market competition factors.