Chadmoore Wireless Group 1999 Revenues Increase Over 92%.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--March 23, 2000

Chadmoore Wireless Group, Inc. (OTCBB:MOOR) announced that revenues for the year ended December 31, 1999 were $6,074,076, an increase of 92.9% from the previous year's $3,148,668. During 1999, the Company maintained its system margin of 72.6%, while growing the system contribution by $1,988,094 or 118.1% to $3,671,406 in 1999 from $1,683,312 in 1998. Loss applicable to common shareholders for the year was $12,313,354 or $0.22 per common share compared to $8,680,695 or $0.21 per common share for 1998.

Robert Moore, Chadmoore's CEO, stated, "Subscriber growth during the last quarter of 1999 continued strong. The sales and marketing programs developed by Vince Hedrick, Chadmoore's Senior Vice President of Sales and Marketing, during the Summer and Fall have really started to show results. New activations continue strong in existing markets. We have also accelerated commercialization of our markets." As of March 6, 2000 Chadmoore is actively adding customers in 85 markets.

Stephen K. Radusch, Chief Financial Officer, stated, "Growth in dispatch radio service revenues increased at a faster rate than total revenues, as subscribers generating revenue increased from 23,321 at December 31, 1998 to 37,425 at December 31, 1999, an increase of 60.5%. Service revenues for the year ended December 31, 1999 were $5,058,906, an increase of 118.2% from the previous year's $2,318,700. We continue to see strong cash flow in markets that have been commercialized for six months or longer."

                                               YEAR ENDED
                                                 Dec. 31
----------------------------------------------------------------------
                                           1999             1998
Revenues:
     Service revenue                     $5,058,906         $2,318,700
     Equipment sales and maintenance      1,015,170            829,968
                                          ---------         ----------
       Total revenues                     6,074,076          3,148,668

Operating expenses:
     Cost of service revenue              1,387,500            635,388
     Cost of equipment sales and
      maintenance                           581,632            461,098
     General and administrative          10,165,330          7,909,222
     Depreciation and amortization        2,033,034          1,233,359
                                         ----------         ----------
       Total operating expenses          14,167,496         10,239,067
                                         ----------         ----------
Loss from operations                     (8,093,420)        (7,090,399)

Other income (expense):
     Minority interest                     (251,303)           (96,618)
     Interest expense, net               (3,597,539)        (1,681,652)
     Standstill agreement expense               -             (182,914)
     Gain on sale of intangible assets      373,774            730,425
                                           ---------         ---------
                                         (3,475,068)        (1,230,759)

Net loss before extraordinary item      (11,568,488)        (8,321,158)
Extraordinary item from early
 extinguishment of debt                    (194,967)              -
                                           ---------         ---------
Net loss                                (11,763,455)        (8,321,158)
Series B preferred stock dividend           (17,578)           (69,854)
Redeemable preferred
 stock dividend and accretion              (532,321)          (289,683)
                                          ----------        ----------
Loss applicable to
 common shareholders                   $(12,313,354)       $(8,680,695)
                                          ----------        ----------
Basic and diluted loss
 per share of Common Stock                  $(0.22)             $(0.21)
                                          ----------        ----------
Basic and diluted weighted average
 shares outstanding                     55,300,233          41,454,187
                                          ---------         ----------

Chadmoore Wireless Group, Inc. is a national leader in providing reliable one-to-one and one-to-many wireless voice communications for cost-conscious businesses. The Company owns or manages approximately 4,800 FCC licenses in the 800 MHz and 900 MHz frequency bands in 180 markets covering a population base of more than 53 million people. There are approximately 20 million users in the United States, such as delivery fleets, construction contractors, and transportation services, that rely on wireless SMR to meet their primary communications needs.

Certain information contained in this press release is forward-looking (within the meaning of Section 27A of the Securities Act of 1934 and Section 21E of the Securities Exchange Act of 1934), including statements relating to the company's future growth , profits, sales and marketing strategy. The Company's actual results could differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company in this press release or related documents. This is not a sales document for any securities offered by the Company and does not contain all the information an investor might consider prior to making an investment. Prior to investing in Chadmoore's securities, individuals are encouraged to consult an investment professional and to read the Company's documents filed with the Securities and Exchange Commission including all recent 10KSB, 10QSB and 8K reports. For other information concerning the Company, please see the Company's web site www.chadmoore.com; call 800-616-1265 or Chadmoore's investor relations counsel at 212-499-6809.

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