California's Fifth Largest Public School District Calls Upon Global Modular, Inc. to Fulfill Urgent Need.

Business Editors/Real Estate Writers/Education Writers

CHOWCHILLA, Calif.--(BUSINESS WIRE)--July 29, 2003

Phil Hamilton, Chairman and CEO of Global Diversified Industries, Inc. (OTCBB:GDVI) is pleased to announce their wholly owned subsidiary Global Modular, Inc. has entered into a contract worth approximately $1,000,000 in revenue with California's fifth largest school district, Oakland Unified School District, Oakland, CA. The transaction involves the purchase of several portable classrooms and other modular type structures including an administration building, portable restroom structure and science lab. As part of the school district's extensive modernization program, they have initiated new programs requiring modular structures to fulfill space requirements. Earlier in the summer, a problem arose when Oakland USD realized the urgency to have modular buildings in place prior to the start of the fall school term. After meeting with representatives of Global Modular, Inc., the district felt comfortable with Global's ability to manage a tall order in a short period of time, resulting in a signed contract between both parties earlier this month.

Phil Hamilton, Chairman & CEO of the Global Modular, Inc. parent company states, the flexibility of our engineered designs along with our manufacturing capacity and state-of-the-art technology, has rendered our modular division the ability to provide customers like Oakland USD with rapid turn around time for urgent requirements. Hamilton also points out that several of the structures being fabricated for Oakland USD are not the standard "cookie cutter" type portable classrooms. Most of the structures are custom-type buildings requiring longer than normal fabrication times vs. standard type buildings. Hamilton further states, it will be our continued mission to maintain diversified building designs in conjunction with current manufacturing technology to serve school districts in situations where time is of the essence.

About Global Diversified Industries, Inc.

Global Diversified Industries, Inc. is a holding company controlling two wholly owned subsidiaries. For investor information contact Adam DeBard at 559-665-5800.

Note: Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated statements.