Aden Enterprises, Inc. Announces:.

OMAHA, Neb.,--(BUSINESS WIRE)--Jan. 8, 1999--Aden Enterprises, Inc. (OTC: ADEN) announced today that it has expanded its Internet-based travel services through an Agreement to purchase certain Internet domain names, the addition of several new professionals and the expansion of a business venture for the referral of travel service requests.

Under terms of its Internet domain name purchase agreement, the Company will acquire a group of Internet domain names including, cheapfares.to, discountairfare.to, cheapcruises.to and travelauction.to for a combination of stock, warrants and cash. These Internet domain names are currently operational and generate thousands of requests for travel services each day. Under terms of the Agreement, Rene Fidler will enter into a three-year employment agreement with Aden Enterprises, Inc. Ms. Fidler initially studied Astrophysics at Purdue University but redirected her studies to accounting. She has approximately seven years of experience in the travel industry. She worked for American Trans Air and Delta Airlines before opening her own travel agency in 1994.

Aden Enterprises, Inc. currently owns an Internet-based travel agency located in Nebraska called Liberty Court Travel, Inc. which operates on the worldwide web under the name libertycourt.com. Liberty Court Travel works with approximately 600 independent Internet-based agents who refer business from most states in the US and several countries outside the U.S.

The combination of the Company's Internet activities with its independent agent program positions it to compete for discounted and full service leisure travel in the US and abroad. The Company believes that it is positioned to compete with the likes of priceline.com, Preview Travel (NASD: PVTL) and other Internet-based travel sites.

The independent agent program is managed in a joint venture with NETWorks Direct, Inc., a company owned by several shareholders of the Company. NETWorks Direct, Inc. has provided funding for the recruitment of independent agents in the past and the two companies share equally in the gross profits from travel business generated by independent agents. Aden and NETWorks Direct intend to expand the Internet-based independent agent business to other areas of commerce including the sale of communication products, electricity, financial services among others. Many of these areas are regulated and are likely to require the involvement of joint venture partners who have licensing and expertise. At the present time, the agents do not offer these services and there can be no assurance they will ever offer such services.

Separately, the Company announced it has named Mr. Scott Christensen to the position of President. He will also assume a position on the Board of Directors. Mr. Christensen has 25 years of experience in direct marketing and database management. He was formerly Director of Database Services for First Data Resources (NYSE: FDC). Subsequently, Mr. Christensen worked in senior management for SITEL Corporation (NYSE: SWW). Mr. Christensen is the primary owner and President of SellectSoft, LLC an electronic couponing company which has licensed its technology to Aden Enterprises, Inc.

The Company has also entered into an agreement with Jerry Murphy, the former President and Chief Executive Officer of Kiwi International Airlines, as a new member of its Board of Directors and Full Time Advisor to the Company. Mr. Murphy has 30 years of experience as a senior executive in the airline/hospitality industry and previously served in management positions at Pan Am and MGM Grand. In his role as a Board member and Advisor, Mr. Murphy will assist the company with Partnership Development in the Hospitality Area, Brand Loyalty Programs, Strategic Planning and Acquisitions and Future Product Enhancements.

Joe Petsick was appointed to the position of Chief Technology Officer. Mr. Petsick has broad-based experience in the technology services arena, with an emphasis on the Internet. Previously, Mr. Petsick worked for Ameritrade (NASD: AMTD) aiding in the development and maintenance of the Company's Internet trading site. His emphasis was in the area of consumer trading communication and trading online.

Aden Enterprises, Inc. is not profitable at the present time and does not expect to be in the near future. The Company has limited financial resources and there can be no assurance it will raise sufficient capital to fund its operations or fulfill the Agreement. Aden Enterprises, Inc. has a significant amount of debt that is currently in default and it is a party in certain litigation. In exchange for certain consideration, a shareholder entered into an agreement previously to assume all of its debt and indemnify the Company for all known litigation.

Aden Enterprises, Inc. issued certain equity and warrants to purchase common stock in conjunction with the Agreement to purchase the Internet domain names. Aden Enterprises, Inc. issued warrants to purchase common stock for a two year period to several professionals and joint venture partners associated with professional services agreements. The Company also issued warrants to parties who provided financing in the past and to others for financial consulting services or investment banking. Among the parties provided with warrants is Southwick Investments, a registered broker-dealer located in Atlanta, Georgia.

At the present time, there are currently 100 million shares of common stock outstanding and approximately 20 million warrants to purchase common stock at prices ranging from $.01 per share to $.05 per share. The Company is also required to issue an additional 7 million shares to an officer and shareholder of the Company for common stock he tendered to the Company as treasury stock in order to permit stock issuance for the Agreement described above and other matters.

Certain information above contains forward-looking statements that may involve risk and uncertainties. Management believes that its expectations are based on reasonable assumptions. However, no assurances can be given that its goals will be achieved. Factors that could cause actual results to differ materially include, but are not limited to, changes in federal, state and local regulations, new product introductions by competitors and changes in technology.