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To: SSP who wrote (5751)	7/30/1999 4:25:00 PM
From: SSP	Read Replies (4) \| Respond to of 150070

DRGI - hope you got out yesterday! SARASOTA, Fla.--(BUSINESS WIRE)--July 30, 1999--DRG, Inc., d/b/a Diversified Resources Group, Inc., (NASDAQ OTC BB:DRGI), a Sarasota, Florida based company, announces additional details of its 1998 Audited Financials. To ensure complete clarification of the 1998 audited financials, as referred to in the press release dated July 28, 1999, the Company is providing the entire 1998 audited financial information on its web site @ www.diversified-resources.com. Pertinent details of the audited information are as follows. The Company announced its emergence from Chapter 11 reorganization on July 13, 1999. -0- T Total Assets: $ 42,576 Total Liabilities: $ 485,134 Loss from operations: ($ 708,637) Net sales: $ 17,273 Loss before reorganization items: ($ 689,227) Reorganization Items (Gain from restructuring debt obligations): $5,956,183 Net Income after restructuring debt obligations: $5,266,956 T A complete copy of the 1998 audited financials will be available at the company's web site located at www.diversified-resources.com by no later than Monday, August 2, 1999. The McGladrey Network should not be confused with McGladrey & Pullen, the world's 6th largest accounting firm. The Company's auditors, Jones, Jensen & Co. are members of the McGladrey Network. This press release shall not constitute an offer to sell securities under an exemption from registration pursuant to Regulation D, Rule 504 of the Securities and Exchange Commission. Statements regarding the company's expectations about new and exciting products, future financial performance and other forward looking statements are subject to various risks and uncertainties, including, without limitation, demand and acceptance of new and exciting products, technological advances and product obsolescence, competitive factors and the availability of capital to finance growth. Log on to www.diversified-resources.com --30--cp/mi* CONTACT: Diversified Resources Group, Inc., Sarasota Carl Smith, III 941/923-1949 www.diversified-resources.com