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To: KC Jones who wrote (1197)	9/3/1998 10:02:00 AM
From: Brett Fleischman	Read Replies (1) \| Respond to of 2038

ARET buying back 20% of shares...might be a runner! Thursday September 3, 9:28 am Eastern Time Company Press Release ARET Board of Directors Votes to Buy Back up to 20% of the Company's Outstanding Common Shares LENEXA, Kansas--(BUSINESS WIRE)--Sept. 3, 1998--AmeriResource Technologies Inc. (OTCBB:ARET - news) CEO Delmar A. Janovec, announced Thursday that the board of directors have voted to repurchase 20% of the company's outstanding common shares. This decision by the board of directors is the first step in the plan to refocus the new direction of the company. AmeriResource Technologies Inc. is a holding company that through its subsidiaries, is a full service mortgage, consulting and design/construction firm based in Lenexa, specializing in construction management services and economic development both within and outside the Native American Community. This release may contain forward looking statements that involve risk and uncertainties, including without limitations, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes. The company's dependency on financing third party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual reports, offering memorandums, or prospectus. Contact: AmeriResource Technologies Inc., Lenexa Barry Denslow or Dick White 913/859-9292, Fax 913/859-9520 or LBI Group Inc., Coral Springs, Fla. Robert Solarchik 800/913-9767 or 954/346-5796