Chadmoore Wireless Group 3rd Quarter Revenues Increase Over 79%.

Las Vegas, Nev.--(BUSINESS WIRE)--Nov. 16, 1999--

Chadmoore Wireless Group, Inc. (OTCBB:MOOR) announced that revenues increased 79% for the third quarter and 105% for the nine months ended September 30, 1999 compared to the same periods in the previous year.

Revenues for the quarter ended September 30, 1999 were $1,596,686, an increase of 79% over the previous year's $892,991. Net loss for the same period was $2,927,739 or $0.05 per common share compared to $2,362,568 or $0.05 per common share for the third quarter of 1998.

Revenues for the nine months ended September 30, 1999 were $4,381,826, an increase of 105% from the previous year's $2,140,614. Net loss for the nine months was $8,506,172 or $0.15 per common share compared to $6,068,994 or $0.16 per common share for the same period of 1998.

Robert Moore, Chadmoore's CEO, stated, "Subscriber growth slowed during the second and third quarters due to uncertainties in the timing and availability of additional capital causing delays in the distribution channels due to lessened access to resources. Since the previously announced $27 million debt facility is fully committed and available, we can once again commit resources towards acquiring the tools and personnel necessary to aggressively market our services. We recognize that wireless telecommunications providers in general suffer operational losses as they build out their infrastructure, invest in marketing to attract customers and grow their networks. We are committed to reducing the length of time those losses continue while seeking to acquire new customers at a cost that is justified by the revenues they generate."

Vince Hedrick, Chadmoore's Senior Vice President of Sales and Marketing, stated, "We are starting to see the results of the planning and first stages of implementation of our new sales and marketing programs. Units are being added at an increasing rate and we expect that trend to continue. While the uncertainties and associated delays in acquiring the necessary financing were frustrating, we believe that the extra time and effort that went into planning and preparation leaves the company better prepared to focus on future growth."

                       NINE MONTHS ENDED          THREE MONTHS ENDED
                 -------------------------   -------------------------
                           Sept. 30                    Sept. 30
                 -------------------------   -------------------------
                      1999          1998          1999          1998

Revenues:
Service revenue $  3,607,315  $  1,504,684  $  1,357,283  $    635,324
Equipment sales
 and maintenance     774,511       635,930       239,403       257,667
                 -----------   -----------   -----------   -----------
                   4,381,826     2,140,614     1,596,686       892,991

Operating expenses:
Cost of service
 revenue             970,356       352,212       356,870       164,347
Cost of equipment
 sales and
 maintenance         445,597       352,726       123,956       138,886
General and
 administrative    7,265,738     5,208,860     2,499,784     2,160,587
Depreciation and
 amortization      1,454,125       830,558       513,935       357,186
                 -----------   -----------   -----------   -----------
                  10,135,816     6,744,356     3,494,545     2,821,006
                 -----------   -----------   -----------   -----------
Loss from
 operations       (5,753,990)   (4,603,742)   (1,897,859)   (1,928,015)
                 -----------   -----------   -----------   -----------

Other (expense):
Minority interest
 in earnings        (178,682)      (69,543)      (59,898)      (34,946)
Interest expense,
 net              (2,378,533)   (1,212,795)     (969,982)     (399,607)
Standstill
 agreement expense      --        (182,914)         --            --
                 -----------   -----------   -----------   -----------
                  (2,557,215)   (1,465,252)   (1,029,880)     (434,553)

Net loss before
 extraordinary
 item             (8,311,205)   (6,068,994)         --            --
Extraordinary loss
 on early
 extinguishment
 of debt            (194,967)         --            --            --
                 -----------   -----------   -----------   -----------
Net loss        $ (8,506,172) $ (6,068,994) $ (2,927,739) $ (2,362,568)
Series B preferred
 stock dividend      (17,578)     (131,503)         --         (48,147)
Series C redeemable
 preferred stock
 dividend and
 accretion          (344,504)     (109,179)      (95,255)      (66,992)
                 -----------   -----------   -----------   -----------
Loss applicable
 to common
 shareholders   $ (8,868,254) $ (6,309,676) $ (3,022,994) $ (2,477,707)
                 -----------   -----------   -----------   -----------

Per share of Common Stock:
Net loss per share before
 extraordinary item    (0.15)        (0.16)        (0.05)        (0.05)

Extraordinary loss
 per share on early
 extinguishment
 of debt               (0.00)         --            --            --
Net loss per
 share          $      (0.15) $      (0.16) $      (0.05) $      (0.05)
                 -----------   -----------   -----------   -----------
Series B preferred
 stock dividend
 per share             (0.00)        (0.00)         --           (0.00)
Series C redeemable
 preferred stock
 dividend and accretion
 per share             (0.01)        (0.00)        (0.00)        (0.00)
                 -----------   -----------   -----------   -----------
Basic and diluted
 loss per share of
 Common Stock   $      (0.16) $      (0.16) $      (0.05) $      (0.05)
                 -----------   -----------   -----------   -----------
Basic and diluted weighted
 average shares
 outstanding      54,109,313    38,320,832    57,360,994    50,429,994

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.