EPA Confirms Motor Oil, PetroMoly, to Reduce Fuel Costs.

Business Editors & Automotive Writers

LOS ANGELES--(BUSINESS WIRE)--June 29, 2000

While fuel costs are sustaining all time highs, the EPA and Colorado School of Mines have proven through confirmatory testing that PetroMoly motor oil reduces fuel consumption with minimum results of 2.5%, and as much as 10% respectively. This new oil technology has been adopted by Indy 500 and NASCAR racecars and has won the prestigious Technical Innovation Award. The secret to PetroMoly, a top-of-the-line based oil, is its revolutionary technology allowing it to suspend Molybdenum Disulfide ("Moly") in the oil which improves engine efficiency creating fuel reductions. PetroMoly oil has been proven commercially by major corporations, government agencies, co-generation power plants and airline ground support equipment throughout the U.S. and internationally. The benefits of Moly chemistry are documented and supported by SAE Technical Papers and meets all SAE, API and ASTM oil standards and requirements. All major engine manufacturers approve the use of PetroMoly Engine Oil. PetroMoly is manufactured by Worldwide PetroMoly Inc. (OTCBB:MOLY).

Environmental Fleet Services, a manufacturer's representative at 800/471-1992, is ready to provide consumers with information and solutions to the present gasoline fuel price crisis.

This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.