"Currently we have an unprecedented opportunity to capture a significantportion of the market for financing and leasing motorcycles and scooters,"commented Anthony Havens, Sparta's CEO. "Soaring fuel prices, increasingpersonal environmental responsibility, and the impact of the mortgagedebacle on larger finance companies has created a perfect storm; consumersare demanding options. This is a unique economic and social environment,one that comes along very rarely, yet offers tremendous potential."

Havens added, "The current market is similar to the early days of theautomotive leasing market, which changed the way automobiles were acquired,and boosted overall auto sales tremendously. The motorcycle and scooterleasing market is now only in its infancy. We intend to capitalize on thisniche by providing the right product with the best customer service in thebusiness. We believe our past and future results will demonstrate ourunderstanding of the powersports industry and our ability to become adominant player."

About Sparta Commercial Services

Sparta Commercial Services, Inc. (www.spartacommercial.com) is a nationalprovider of financing solutions to the powersports industry. The company iscurrently the only nationwide full-service, independent, Web-based financecompany offering a lease solution combined with the traditional retailpurchase contract for the Powersports Industry. Headquartered in New YorkCity, with its Dealer Support Group located in Houston, Texas, Spartaoffers programs for manufacturers, distributors, and dealers. Spartaprovides a full line of financing packages including indirect retailinstallment sales contracts and direct closed-end leases, as well asrelated services for individuals, fleets and municipal organizations.

This press release contains forward-looking statements within the meaningof Section 27A of the Securities Act of 1933 and Section 21E of theSecurities Exchange Act of 1934. Such statements are valid only as of todayand we disclaim any obligation to update this information. Actual resultsmay differ significantly from management's expectations. Theseforward-looking statements involve risks and uncertainties that include,among others, risks related to potential future losses, obtaining,satisfying terms of, and amount of credit lines, competition, financing andcommercial agreements and strategic alliances, seasonality, potentialfluctuations in operating results and rate of growth, management ofpotential growth, system interruption, consumer and industry trends,limited operating history, and government regulation. In light of thesignificant uncertainties inherent in the forward-looking statementsincluded herein, the inclusion of such information should not be regardedas a representation by the Company or any other person that the objectivesand plans of the Company will be achieved.