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To: Jim Bishop who wrote (25889)2/8/2000 6:35:00 PM
From: SSP  Read Replies (1) | Respond to of 150070
 
Majestic's Form 10-SB Registration Statement Becomes Effective

SAN DIEGO, Feb 8, 2000 (BUSINESS WIRE) -- The Majestic Companies, Ltd.
(OTCBB:MJXC), currently trading under the symbol (OTCBB:MJXCE), is
pleased to announce that its Form 10-SB registration statement, filed
with the Securities and Exchange Commission on Nov. 12, 1999, is now
effective.

Majestic is now in compliance with eligibility rules governing the NASD
OTC Bulletin Board and is scheduled to resume trading under its
original symbol (OTCBB:MJXC) on Thursday, Feb. 10, 2000.

The Majestic Companies, Ltd. is a holding company based in San Diego,
that manages a group of wholly owned manufacturing and financial
subsidiaries that include: Majestic Modular Buildings, Ltd., a
manufacturing unit that designs, builds and markets both re-locatable
modular classroom buildings for California Unified School systems and
modular structures for commercial end users; Majestic Transportation
Products, Ltd., a group that engineers and markets transportation
related safety products including the SAFE-T-BAR(TM) school bus
occupant restraint; and Majestic Financial, Ltd., a lease and finance
company that owns and operates a fleet of leased modular classrooms.

Additional information can be obtained by visiting the company's Web
sites at: www.themcl.com and www.safe-t-bar.com. Contact: Investor
Relations -- 619/209-6077.

Note: Certain statements in this Press Release are "forward looking
statements" within the meaning of the Private Securities Litigation Act
of 1995. Such statements involve known and unknown risks, uncertainties
and other factors that may cause results to differ materially. Such
risks, uncertainties and other factors include, but are not limited to,
changes in general economic conditions, risk in product technology
developments, market acceptance of new product and continuing product
demand, level of competition and other factors described in the
company's Reports, prospectuses and other filings with the Securities
and Exchange Commission.



Copyright (C) 2000 Business Wire. All rights reserved.



Distributed via COMTEX.
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CONTACT: The Majestic Companies, Ltd.
Investor Relations, 619/209-6077