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To: Mr.Manners who wrote (15497)	12/1/1999 3:40:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

WLGS, always a favorite of mine #reply-12152991

To: Mr.Manners who wrote (15497)	12/1/1999 3:42:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

12/01/99 - CASSCO CLOSES DEAL WITH ONE OF THE UK'S FASTEST GROWING COMPANIES DENVER, Dec 1, 1999 /PRNewswire via COMTEX/ -- Cassco Capital Corporation, Inc. (OTC Bulletin Board:CSCAD ) (Cassco or the Company) a fully reporting company, today announced it had completed negotiations with S&J (Chatteris) Holdings Limited ("S&J"), one of the UK's fastest growing companies. In 1998, S&J was ranked number 22 in the Sunday Times Fast Track 100 list of the fastest growing companies in the UK, having grown revenues from $8.4 million in 1995 to $28.9 million in 1998. During the first six months of 1999 revenues were recorded at $27.06 million. S&J is a total service construction company having offices in the UK, Ireland and Poland. S&J's client list includes major international corporations such as, a licensee of Procter & Gamble, IKEA, SEAGATE, Lotus Cars and Tesco Stores (the UK's largest food retailer). Recently, S&J won a contract for a new superstore being the first awarded by ASDA following its acquisition by Wal-Mart. S&J is currently bidding for contracts with a combined value in excess of $100 million. Prior to the deal with S&J the Company completed a one for seventy (1:70) reverse split of its common shares. The agreement has been effected by the issue to the shareholders of S&J 12,000,000 post-split shares of the Company's common stock. Following completion of the merger with S&J the Company will have approximately 15,000,000 common shares issued on a fully diluted and outstanding basis. At completion, Mr. Mark A. Langley, chairman and chief executive of S&J, was appointed to the Company's board of directors as Chairman and in addition was appointed president and chief executive officer, with immediate effect. The Company's prior director and executive officer resigned forthwith. Mr. Langley said, "In the five years since I joined S&J we have exhibited exceptional growth. This has been fuelled by our relentless quest for quality in our products and first class service to our customers. I believe the time has come for S&J to expand into new territories where our unique "total service" business solution provides a competitive edge. The merger with Cassco will provide opportunities for strategic acquisitions and continued expansion." Mr. Langley added, "I am delighted to welcome Cassco's shareholders to S&J. I can assure each and everyone that we will continue to grow the Company to the best of our ability. I expect to make additional appointments to our board and executive management team within the very near future, and these appointments will show our determination to bring experience and excellence to our business." S&J's web site can be accessed at www.sjgroup.co.uk. This news release contains forward looking statements that involve risks and uncertainties regarding operations and future results. Please see the Company's filings with the Securities and Exchange Commission, which identify specific factors that would cause actual results or events to differ materially from those described in the forward looking statements. CONTACT: Investor Relations of Cassco Capital Corporation, 800-811-3163 or fax, 604-507-2448 SOURCE Cassco Capital Corporation (C) 1999 PR Newswire. All rights reserved. prnewswire.com