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jmhollen

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jmhollen

Re: None

Wednesday, 05/29/2002 1:26:47 PM

Wednesday, May 29, 2002 1:26:47 PM

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Mooney Aerospace Group, Ltd. (Formerly AASI) Extends Class A and Class B Warrants

LONG BEACH, Calif., May 29 /PRNewswire-FirstCall/ -- Mooney Aerospace Group, Ltd., formerly known as Advanced Aerodynamics & Structures, Inc. (OTC Bulletin Board: AASI) announced today that it has extended the term of its Class A and Class B Warrants, which had been due to expire on May 31, 2002, through August 31, 2002.

For further information, please contact Mooney Aerospace Group, Ltd., Long Beach, CA., J. Nelson Happy or L. Peter Larson, 562/938-8618. ( www.mooneyltd.com ).

SOURCE Mooney Aerospace Group, Ltd.

CONTACT: J. Nelson Happy, or L. Peter Larson, of Mooney Aerospace Group,
Ltd., +1-562-938-8618/

Web site: http://www.mooneyltd.com

.


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