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thepennyking

09/17/00 1:58 AM

#2 RE: big john stud #1

Budgethotels.com, Inc. Owns Over 80 'Budget' Travel -Related URL's
POINT ROBERTS, Wash.--(BUSINESS EDITORS)--Sept. 12, 2000--Budgethotels.com (OTCBB:BUDH - news)

Mr. William J. Marshall, President and CEO, announces that as part of the Company's plan to become a major participant in the budget travel industry, it has now registered over 80 travel related Internet URL's since 1996.

Included under the Company's umbrella of ``budget'' related Internet websites are:


budgetairlines.com budgetravel.com
budgetvehicles.com budgetresorts.com
budgethostels.com budgetcharters.com
budgetholidays.com budgetskiing.com
budgetcamping.com budgetentertainment.com

The Company is currently receiving over 4 million hits per month of with aprox 90,000 unique visitors. This large number of unique visitors/hits is particularly significant as the Company has not even begun to actively market the site. This is an area of rapid revenue growth for the Company and the plans and funding required to maximize these revenues are a focus of the updating of the Company's Business Plan, which is scheduled to be completed the third week of September 2000.

Budgethotels.com, Inc. is becoming a leader in providing innovative Internet hotel reservations and its Info Center division is rapidly expanding its advertising board locations for services for budget travelers. There are currently 73 Info Center Boards across the U.S.A and Canada. Budget travel is by far the largest segment of the rapidly growing travel industry with expenditures of over 750 billion.

Budgethotels.com, Inc. is listed on the OTC Bulletin Board, symbol BUDH.

Certain information included in this communication (as well as information included in oral statements or other written statements) made, or to be made by Budgethotels.com, Inc. may contain statements that are forward looking. Statements relating to the future anticipated direction of the internet industry, plans for future expansion, various business developments, activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.


--------------------------------------------------------------------------------
Contact:
William J. Marshall
800/548-4432
wmarshal@budgethotels.com


Founder: The Free and Clear Foundations of Earth, Chairman & CEO Penny King Productions, The Free and Clear Bancorporation, Senior Trustee; The Free and Clear Fund, and Janitor for the Global Morass of Debt Instruments.