Chadmoore Wireless Group Third Quarter Revenues up 112%-plus.

LAS VEGAS--(BUSINESS WIRE)--Nov. 25, 1998--

As of October 31 Chadmoore Loads SMR Services in 82 Markets

Chadmoore Wireless Group Inc. (OTCBB:MOOR) today announced record revenues for the three month period ended Sept. 30, 1998. The company also announced that as of October 31 that it was aggressively loading its SMR services in 82 markets.

Revenues for the three months ended September 30, 1998 were $892,991, an increase of $472,450 or 112.3% from the three months ended Sept. 30, 1997. Net loss for the same period was $2,362,568 or ($0.07) per share compared to $1,560,603 or ($0.08) per share for the same period in 1997.

Revenues for the nine months ended Sept. 30, 1998 were $2,140,614, an increase of $638,189 or 42.5% from the nine months ended Sept. 30, 1997. Net loss for the same period was $6,068,994 or ($0.21) per share compared to $12,057,378 or ($0.61) per share for the same period in 1997.

Robert Moore, chairman, stated "As the second-largest holder of frequencies in the United States in the 800 megahertz ("MHz") band for commercial specialized mobile radio ("SMR") service, we have been in a unique position during the past few years to identify and take advantage of major changes in this segment of the wireless business. We are providing a marketing focus to a business previously dominated by companies more comfortable with technology than with selling, and with so many channels we are adding efficiencies not previously available to small operators. Very importantly, the higher pricing for Nextel's enhanced SMR services are too expensive for many of the traditional dispatch radio customers who are not willing to pay for additional services they neither want nor need. This should create substantial demand for Chadmoore Wireless' services."

Richard Leto, chief financial officer, confirmed, "As expected, cash flow is strong in markets where full service has been established more than 90 days, providing Chadmoore with improving financial strength to continue the build out of all 180 markets in which it has licenses. The revenue growth confirms our operating assumptions for market demand and economies of scale." -0-

                             3 Months Ended          9 Months Ended
                              September 30,           September 30,
                             1998        1997        1998       1997
                            ($ in thousands except per share)

Revenues:                     $893       $421      $2,141      $1,502
Cost of sales                  303        234         705         781
Gross Margin                   590        187       1,436         721

Expenses:                    2,821      2,071       6,744       5,517

Loss from operations        (1,928)    (1,650)     (4,604)     (4,015)
Net loss applicable to
 common shares             ($2,478)   ($1,561)    ($6,310)   ($12,057)

Basic & diluted weighted
 average number of shares
 outstanding            35,817,198 19,966,574  30,184,770  19,664,951

Basic & diluted net loss
 per share                  ($0.07)    ($0.08)     ($0.21)     ($0.61)

Chadmoore Wireless Group is a national leader in providing SMR (Specialized Mobile Radio) communications with approximately 4,800 FCC licenses in 180 markets. Chadmoore provides a high quality, reliable, cost-effective alternative in wireless communications. SMR is a wireless 2-way communications service, which is commonly called "dispatch radio." This service is used by millions of business and government customers like delivery services, contractors, ambulance services and taxi fleets. Chadmoore's services allow reliable, affordable, predictable, one-to-one and one-to-many communications.

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). 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.