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PTL DEFERS IMPLEMENTATION OF BLACK CAB PROJECT FOR A PERIOD OF ONE YEAR




8 March 2008: Prime Transport Limited (PTL) today announced that, due to the impact of the economic downturn of Country and Specially Auto industry, as well as its subsequent negative effect on Black Cab's vehicle financing, the implementation and enforcement of Black Cab Project due to be in service as of early 2009; is being deferred for a period of one year.


PTL will also not be updating its Media & Publication section for the above stated time. We assure our well-wishers that the project is NOT ABANDONED and that it has just been delayed for a year and we are confident that we will implement the project as planned, with same Zeal and Strength.


We will be working on the project and our offices will remain open with its full staff available, working to implement the project, to bring the Black Cab's on roads of your cities as soon as possible, providing you the very best of services in the transport industry, country has ever witnessed.














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