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Nafta Trading Inc. Announces Appointment of President

1 June 2000

Nafta Trading Inc. Announces Appointment of President

    CALGARY, June 1 /CNW-PRN/ - The Board of Directors of Nafta Trading Inc.
(CDNX: NTA) is pleased to announce the appointment of Walter Labuhn as the
Corporation's new president.  Mr. Allan Chell, the past president of the
Corporation, will continue to maintain a position on the board of directors
and has been appointed Chief Executive Officer.
    Mr. Labuhn brings to the Corporation thirty years of extensive
international business experience as a consultant, entrepreneur, executive
officer and director of several private and public companies. Mr. Labuhn has
extensive experience, resources and contacts in international sales and
patents, international administrative processes and mergers and acquisitions.
He was the senior vice president and a director of Taro Industries Ltd., a
company previously listed on the Toronto Stock Exchange until a takeover, and
the past president of Legrand Industries Ltd., and Legrand International Ltd.
both private companies. Mr. Labuhn graduated with a Bachelor of Commerce from
the University of Calgary in 1969.
    Frank Killoran, Chairman of the Board, stressed the importance of Mr.
Labuhn's appointment to Nafta Trading's growth strategy. "As we move ahead to
reposition the company as an international business-to-business automotive
trading floor, it is important to put into place the appropriate resources to
ensure we can successfully implement our business plans. Walter's strength in
operations and personnel management will be a major asset in this regard,"
said Mr. Killoran.
    Further to the Corporation's press release dated May 31, 2000 concerning
the private placement financing with the VC Advantage Fund, the appointment of
Frank Killoran as the Corporation's Chairman of the Board, and the ASP Bridge,
the Corporation advises that one of the functions of ASP Bridge is to assist
the VC Advantage Fund in the selection, improvement, monitoring of performance
and acceleration of liquidity of the VC Advantage Fund investments. There may
be potential conflicts in connection with this transaction and any conflicts
will be resolved according to the procedures and remedies under the Business
Corporations Act (Alberta).
    The above noted items are subject to the approval from the Canadian
Venture Exchange.

    About Nafta Trading Inc.
    Nafta Trading Inc. provides services to franchised automobile dealers in
the United States and Canada by acting as an international intermediary to
locate and redistribute automobiles. As well, the Corporation provides
complete channel management services, resolving the details, eliminating the
obstacles and facilitating the process associated with buying and selling
automobiles between countries.

    THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
    RESPONSIBILITY FOR THE ADEQUACY AND ACCURACY OF THIS RELEASE