---

WTA Opens Beijing Office

10 August 2000

WTA Opens Beijing Office

    EL CAJON, Calif. - Composite Automobile Research Ltd., through its wholly owned subsidiary World Transport Authority Inc. is pleased to announce that it has opened a Corporate and Sales office in Beijing China.

    The office is located in the heart of the financial district of Beijing at:

World Transport Authority Inc. Suite D, 14th Floor Beijing International Financial Building Fuxingmen Nei Avenue No 156 Beijing 100031, China

    Company Chief Executive Officer and President Lyle Wardrop is quoted as saying, "We are pleased that we were able to secure a lease in this very prominent location in the Beijing financial district. This decision demonstrates to our Chinese partners, the seriousness of our commitment to carry out our business plan for the country of China. We now look forward to completing the required compliance matters, necessary to being able to conduct business in the country. These matters are presently well under way and should be concluded shortly. We are very grateful for the efforts of company director David Yue in assisting WTA to being able to move the company's business plan forward in this huge China market. We are expecting to be able to release additional information regarding China in the near future."

    Composite Automobile Research Ltd. and World Transport Authority Inc. serve the emerging world's transportation needs through in country manufacturing facilities, utilizing local semi-skilled labour to produce the WorldStar line of utility vehicles.