AB Holding Group Inc. Announces 3rd Quarter Results.

WARRENTON, Ore. -- AB Holding Group Inc.(OTCBB:ABHG), (formerly known as Ag-Bag International Limited) (Warrenton, Oregon) announced the following results today:

Three Months            Nine Months
                          Ended September 30     Ended September 30
                        ---------------------- -----------------------
                           2005       2004        2005        2004
                         ---------  ----------  ---------  -----------
Net Rental Income       $   6,000  $        -  $ 120,310  $         -
Gross Profit (Deficit)
 from Rental
 Operations             $ (29,636) $        -  $  28,250  $         -
Income from Continuing
 Operations             $  51,460  $        -  $  99,828  $         -
Income (Loss) from
 Discontinued
 Operations             $  27,311  $ (385,222) $( 78,399) $(1,002,882)
Extraordinary Item      $       -  $        -  $       -  $    36,562
Net Income (Loss) and
 Comprehensive
    Income (Loss)       $  78,771  $ (385,222) $  21,429  $  (966,320)

Basic and diluted net
 income (loss) per
 common share
From continuing
 operations             $       -  $        -  $     .01  $         -
From discontinued
 operations             $       -  $     (.03) $    (.01) $      (.08)
From extraordinary
 item                   $       -  $        -  $       -  $         -
                         ---------  ----------  ---------  -----------
                        $     .00  $     (.03) $     .00  $      (.08)

On November 30, 2004, the Company sold substantially all its operating assets to Miller St. Nazianz Inc. ("Miller") and Miller assumed certain liabilities relating to the purchased assets and the operation of the Company's business arising after the closing date of the asset sale. Following the asset sale, the Company has no ongoing rights to any benefits derived from its former operations.

AB Holding Group Inc.'s CEO, Larry Inman, stated, "The Company is actively working to convert its remaining assets that were excluded from the asset sale into cash and finish winding down our operations, so we can liquidate and dissolve."

AB Holding Group Inc. is headquartered in Warrenton, Oregon. The asset sale to Miller resulted in the elimination of the Company's historical farm feed management and composting system operations with a corresponding elimination of substantially all of the Company's operating revenue and related expenses. The Company's current operations consist of converting its remaining assets into cash and corporate administrative expenses of winding down until the Company can dissolve and liquidate.

The discussion in this press release contains forward-looking statements that involve risks and uncertainties and various factors that could cause actual results to differ materially from those projected. Forward-looking statements relate to the Company's plans and expectations as to: the timing and ability of the Company to convert its remaining assets into cash and dissolve and liquidate the corporation; the availability of trade credit and working capital; and the ability to retain key personnel to wind down the Company. Readers are urged, however, to review the factors set forth in reports the Company files from time to time with the Securities and Exchange Commission. Actual results may differ materially from the forward-looking statements.