FOUNTAIN SUPERBOAT PRO-AM OFFSHORE RACE

Washington, North Carolina, August 1, 2003- Fountain Powerboats will host the second Annual Pro-Am Race August 1-3 in Washington, NC on the Pamlico River. The competition offshore race is set to begin at 1 p.m. on Sunday, August 3rd.

Festivities begin Friday, August 1st at 7 a.m. with the World Record Kilo Runs where boats will run to see 'who's the fastest'! On Saturday there will be all day testing for boats with viewings at Whichard's Beach.

The fun kicks into high gear with the free 'Party in the Pits' beginning at 7 p.m. on the Fountain factory premises located on Whichard's Beach Road. The Fantastic Shakers, top 40 and beach music band, will be performing at the pit party where attendees can purchase some great food and beverages. The public will have an opportunity to meet their favorite drivers as well as get a close-up view of the high performance offshore powerboats. The Fountain Sportswear store will be open for fans to purchase the clothing all the drivers wear.

The Pro-Am Race on Sunday promises to be an exciting event. There will be boats ranging from 24 to 40 feet and boats with speeds in excess of 160 mph. Tune into WERO 93.3 FM and WDLX 93.0 AM for live coverage of the event.

Whichard's Beach offers the best public viewing of the race for a small fee. "The start/finish line will be right in front of Whichard's Beach" says Reggie Fountain, Fountain Powerboats President and CEO.

The awards ceremony will take place Sunday at the Fountain Powerboats factory at 5 p.m.