A.C.L.N. Limited to List on the New York Stock Exchange

    LOS ANGELES, July 11 A.C.L.N. Limited , a
global leader in the distribution and logistics of new and pre-owned
automobiles, today announced plans to list on the New York Stock Exchange
(NYSE).  The listing is expected to occur on July 18, 2001, and the Company's
common shares will trade under the ticker symbol "ASW."  The Company's
officers will be in New York City for the opening day, and will be talking to
the investment community and the media that week.
    A.C.L.N. Limited was founded in 1978, is headquartered in Cyprus, and has
had compound annual growth rates in revenue and profit of approximately
50% and 60% respectively for the last four years.  The Company shipped
36,439 new and used vehicles in the first quarter of 2001, up 122% year over
year, and earned $0.93 cents per diluted share, up 50% compared to $0.62 per
diluted share in the first quarter of 2000.
    C.E.O. Aldo Labiad commented, "We are a very rapidly growing Company, and
the listing on the New York Stock Exchange is an important development for us.
The NYSE will enhance our visibility as we achieve new milestones, and as we
continue to expand our ports of destination."

    About A.C.L.N. Limited
    A.C.L.N. Limited (http://www.aclnfltd.com) is a global leader in automobile
logistics, serving four European ports, and fourteen ports of destination in
Africa.  Founded in 1978, A.C.L.N. currently operates two primary business
segments:  (i) automobile logistics services between Europe and Africa, and
(ii) a wholesale automobile distribution service in Africa.  With an
established global network, A.C.L.N. provides door-to-door shipping and
logistics of personal vehicles from Europe to developing countries in Africa.

    For investor relations information, visit the A.C.L.N. pages in the
"Client" section of the Allen & Caron Inc web site at http://www.allencaron.com

    This news release contains forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of 1995.  These
forward-looking statements include but are not limited to statements that
relate to the Company's sales, profitability and growth, demand for its
products or services, growth in the markets it serves or any other statements
that relate to the intent, belief, plans or expectations of A.C.L.N. or its
management, or that are not a statement of historical fact.   Any forward
looking statements in this news release are based on current expectations and
beliefs and are subject to numerous risks and uncertainties that could cause
actual results to differ materially. Other factors that could cause A.C.L.N.'s
actual results to differ materially are discussed in the Company's recent
filings with the Securities and Exchange Commission.  A.C.L.N. disclaims any
obligation to update any forward-looking statements as a result of
developments occurring after the date of this press release.

    For further information, please contact: investors, Jane Creber,
949-474-4300, jane@allencaron.com, or Mike Mason, 212-691-8087,
michaelm@allencaron.com, or media, Len Hall, 949-474-4300, len@allencaron.com,
all of Allen & Caron Inc, for A.C.L.N. Limited; or media, Christian Payne of
A.C.L.N. Limited, 310-551-0062, christian@aclnltd.com.