MBA Announces Issuance of Stock Dividend

Monday November 15, 9:02 am ET

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 15, 2004--MBA Holdings (OTCBB: MBAH) will pay its shareholders a stock dividend equal to one share of its common stock for each 100 shares of MBA Holdings Inc. held. The stock dividend will be payable to shareholders of record Friday, Nov. 26, 2004. The board of directors declared the stock dividend at its meeting Nov. 12, 2004.

The company is gratified by continued shareholder commitment to the future success of the company and the National Motorcycle Dealers Association (NMDA).

We look forward to updating shareholders with the ongoing and positive development of the NMDA.

MBA
http://www.mbadirect.com

NMDA
http://www.nationalmda.com

Contact: MBA Holdings Inc., Scottsdale
Gaylen Brotherson, 480-860-2288, ext. 317

Source: MBA Holdings Inc.

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