Wise Investments

[Scrooge McDuck]

FRCD news update............
VANCOUVER, Nov 21, 2003 /PRNewswire-FirstCall via Comtex/ --

Fairchild International Corporation (OTCBB:FRCD - News) Further to its news release of November 6, 2003, Fairchild wishes to clarify its interest in the natural gas prospect in Goliad County, Texas. Under the terms of an agreement with Patch Energy Inc., a closely held Canadian company associated with Fairchild, the Company has acquired the right to earn a 1.875% participating working interest in a test well and any further development of the prospect lands. In order to earn this interest, Fairchild has paid $7500 to Patch on account for its share of the project acquisition costs and will be required to pay 2.5% of the costs associated with the test well and 1.875% of the costs associated with any further development of the prospect lands.

For further information contact: Corporate Communications at 1-888-864-7372 or http://www.fairchildinternational.com