**BREAKING NEWS** - Carroll Shelby International Inc. (OTCBB: CSBI)

Ginseng Forest, Inc. Announces Official Name Change To 
Carroll Shelby International, Inc.

NASDAQ Bulletin Board Symbol Ticker Changes to CSBI 

LOS ANGELES, July 31 /PRNewswire-FirstCall/ -- Ginseng Forest, Inc. (OTC Bulletin Board: GSGF - News) conducted a meeting of Shareholders, which was held July 28, 2003 at Carroll Shelby Licensing in Los Angeles. The Shareholders voted on and approved several issues and proposals as outlined in the proxy statement, including a name change to Carroll Shelby International, Inc., increase in the authorized Common Stock from 25 to 50 million shares, authorizing the issuance of up to 5 million shares of Preferred Stock, and the adoption of an Incentive Stock Option Plan for our officers, directors, employees and consultants.
 
The new NASDAQ ticker Bulletin Board symbol for Carroll Shelby International, Inc.(OTC Bulletin Board: CSBI) parent company for both Shelby Automobiles, Inc. and Carroll Shelby Licensing, Inc., has been changed to OTC Bulletin Board: CSBI.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward- looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 

Source: Carroll Shelby International, Inc.

Various Shelby companies are now organized within one public entity named Carroll Shelby International, Inc., collectively referred to as “Shelby.”  By taking the Shelby companies public, management will have access to the resources of the capital markets enabling the company to further develop and execute its plans for growth and expansion.

About The Founder - Carroll Shelby

Carroll Shelby has been involved in the automobile racing industry as a successful driver and team manager for decades and during this time has manufactured both on and off track cars. He has also worked as a consultant on some of the auto industry's most entrepreneurial projects. 

After leaving the Army Air Corps in WWII, Mr. Shelby joined the Aston Martin racing team in the 1950s. In 1958, teamed with Roy Salvadori, he won the famed LeMans 24 Hours for Aston Martin, giving the team its only victory in the long-distance classic and setting a new race record of 112.569 mph average for the event. 

One year after his LeMans victory, Mr. Shelby was forced to give up race car driving for health reasons, turning his attention to building cars - and creating what is still considered one of the fastest road cars ever, the Shelby Cobra. The 289 and 427 Cobra models and the subsequent GT 350 and GT 500 Shelby Mustangs that Mr. Shelby built for Ford made him a household name.  Mr. Shelby then built the special Cobra Daytona Coupes, which captured the FIA World Manufacturer's Championship in 1965.  The next year a Shelby-led group of Ford GT 40s beat Ferrari at LeMans, putting him back in the winner's circle, this time as a manufacturer with two consecutive victories at the famed 24-Hour classic, in 1966 and 1967. 
 
 

CONTACT

11150 W. Olympic Blvd. Suite 1050
Los Angeles, CA 90064-1817 USA
310-914-1843
jluft@shelbylicensing.com

For additional information about the company or licensing opportunities, visit www.carrollshelby.com
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For SEC filings, click here

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