Buy Out Discussions Between Sports Resorts International, Inc. and Majority Shareholder Terminated

Buy Out Discussions Between Sports Resorts International, Inc.
and Majority Shareholder Terminated 


OWOSSO, Mich., Sept. 20  /PRNewswire-FirstCall/ -- Discussions regarding a
possible transaction between Donald J. Williamson, majority shareholder of
Sports Resorts International, Inc. (the "Company") (NASDAQ:SPRI), and SPRI have
been terminated primarily due to potential adverse tax consequences to SPRI and
its shareholders.

Mr. Williamson notified the Company through a press release in April 2004 of
his offer to buy SPRI subsidiaries The Colonel's Inc., and Rugged Liner, Inc.,
both Michigan corporations, and Brainerd International Raceway and Resort,
Inc., a Minnesota corporation, by transferring 40 million shares of SPRI stock
to the SPRI treasury.

SPRI, through its subsidiaries, manufactures and sells bedliners and other
truck accessories to original equipment manufacturers and in the aftermarket,
and owns and operates a multi-purpose motor sports facility located near
Brainerd, Minn.

Certain statements included in this press release are "forward-looking"
statements, such as those relating to anticipated events or activities. The
Company's performance and financial results could differ materially from those
reflected in the forward-looking statements due to financial, economic,
regulatory and political factors as described in the Company's filings with the
Securities and Exchange Commission. Therefore, current or prospective investors
are cautioned not to place undue reliance on any such forward- looking
statements.  The Company does not undertake any obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information or future events. 

DATASOURCE: Sports Resorts International, Inc.



CONTACT:  Craig B. Parr of Sports Resorts International, Inc.,

[phone]

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