Carroll Shelby International, Inc. Announces Date for Annual Shareholder Meeting

Carroll Shelby International, Inc. Announces Date for Annual Shareholder Meeting
Thursday October 14, 10:55 pm ET

LOS ANGELES, Oct. 14 /PRNewswire-FirstCall/ -- Carroll Shelby International, Inc. (OTC Bulletin Board: CSBI - News) announced today that its Annual Shareholder Meeting would be held, Wednesday, November 17, 2004, at 10:00 AM local time at the Hilton Hotel at Los Angeles Airport. As outlined in the proxy statement, shareholders will have an opportunity to vote on the election of the Board of Directors for the coming year, and ratification of CSII's independent auditors, BDO Seidman LLP for the year ending December 31, 2003.

Upon completion of the formal portion of the meeting, CSII's President, John Luft, will discuss the company's current performance as well as outline its business plan and strategic objectives for the upcoming year.

About Carroll Shelby International, Inc.

Carroll Shelby International, Inc. is the parent company of Shelby Automobiles and Carroll Shelby Licensing. For more information, call 310/914-1843 or visit the company's web site at www.carrollshelbyinternational.com.

Shelby Automobiles Inc. is manufacturing high performance Shelby vehicles under the guidance of the legendary Carroll Shelby and will be involved in prototype manufacturing, design and engineering projects; and plans to increase production and availability of these Shelby products through an expanded dealer network and direct sales under a license agreement with Carroll Shelby Licensing Inc. For more information, call 702/325-4851 or visit the company's web site at www.shelbyautos.com.

Carroll Shelby Licensing Inc., founded in 1988, is the exclusive holder of automotive manufacturer and entrepreneur Carroll Shelby's trademarks and vehicle design rights, which include some of the world's most famous muscle cars and high-performance vehicles, including the car that brought home to the U.S. it's first and only FIA World Manufacturers Championship in 1965, the famous Shelby Cobra Daytona Coupe. It also holds trademark rights for Shelby-branded apparel, accessories and collectibles. For additional information about the company or licensing opportunities, call (310) 914-1843, or fax (310) 914-1853 or write to Carroll Shelby Licensing, Inc., 11150 West Olympic Boulevard, Suite 1050, Los Angeles, CA 90064 or visit www.carrollshelby.com.

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 in such statements.

For further information, please contact John Luft of Carroll Shelby International, Inc., +1-310-914-1843; or Soon Nguyen, or Jake Jundef, both of JMPR, Inc., +1-818-992-4353, for Carroll Shelby International, Inc.

Source: Carroll Shelby International, Inc.