The Unabridged History of Winners and Losers

[Tatari Gami]

Winners Internet Network, Inc. Breaks Down First Through Third Quarter 1999 Unaudited Pre-tax Earnings.
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Dec. 20, 1999.
http://www.ragingbull.com/mboard/boards.cgi?read=12647&board=WINR
Monday December 20, 12:09 pm Eastern Time

Company Press Release

Winners Internet Network, Inc. Breaks Down First
Through Third Quarter 1999 Unaudited Pre-tax
Earnings

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--Dec. 20, 1999-- (OTC BB:WINR - news)

David C. Skinner, Jr., President and CEO of Winners Internet Network, Inc. (OTC BB:WINR - news), www.winr.net,
breaks down first through third quarter 1999 unaudited pre-tax earnings.

For the purpose of alleviating any confusion concerning the first and second quarter unaudited pre-tax earnings for WINR, Mr.
Skinner provides below a breakdown of the first, second and third quarter unaudited pre-tax earnings along with the cumulative
results thereof. The first quarter report along with the second and third quarter cumulative figures are taken from the unaudited
financial statements prepared for WINR by its Certified Public Accountant.

1st Qrtr. (Jan. - March 1999)
-----------------------------

Total Revenue $ 249,332
Total Expenses 135,262
---------
Net Profit $ 114,070
---------
Net Profit Per Share
Common Stock $ .01
---------

2nd Qrtr. (April - June 1999) 2nd Qrtr. Cumulative (Jan. -
----------------------------- June 1999)
----------------------------

Total Revenue $ 559,933 Total Revenue $ 809,265
Total Expenses 136,047 Total Expenses 271,309
--------- ---------
Net Profit $ 423,886 Net Profit $ 537,956
--------- ---------
Net Profit Per Share Net Profit Per Share
Common Stock $ .03 Common Stock $ .04
--------- ---------

3rd Qrtr. (July - Sept. 1999) 3rd Qrtr. Cumulative (Jan. -
----------------------------- Sept. 1999)
------------------------------

Total Revenue $ 717,512 Total Revenue $1,526,777
Total Expenses 234,386 Total Expenses 505,695
--------- ----------
Net Profit $ 483,126 Net Profit $1,021,082
--------- ----------
Net Profit Per Share Net Profit Per Share
Common Stock $ .03 Common Stock $ .07
--------- ----------

Mr. Skinner would like to apologize for any confusion that might have been caused with any previous release of WINR's
revenues and earnings. The above is an actual breakdown of the first, second and third quarters of 1999 and should provide
clarification for any misunderstandings or confusion.

Mr. Skinner would also like to ask that if any shareholder of WINR would like to receive periodic updates from WINR to
please forward his/her e-mail address to accounts @winr.net. This will enable WINR to provide improved communication with
its shareholders.