BESTWAY, INC. REPORTS FISCAL 2004 FIRST QUARTER RESULTS
Same Store Revenues Up 9.5%

Dallas, Texas – December 11, 2003) Bestway, Inc. (NASDAQ: BSTW), today released financial results for its fiscal first quarter, ended October 31, 2003.

The Company had total revenues for the quarter ended October 31, 2003 of $9,059,027, a $786,065 increase from $8,272,962 for the same period in the prior year. We achieved this 9.5% year-over-year revenue increase from same stores. Net earnings for the first quarter ended October 31, 2003 increased to $64,505, or $.04 per share on a diluted basis, compared to net loss of $236,690, or $.14 per diluted share, for the same period last year.

The year-over-year increase in total revenues and net earnings is primarily attributable to several strategic efforts implemented in fiscal year 2003. Specifically, the Company implemented strategies to improve profitability, including eliminating lower-cost, lower-margin merchandise from our product mix, focusing on higher revenue-generating merchandise, investing in training and developing our people and implementing a more aggressive and targeted marketing campaign.

“We are very pleased with increased results in both revenues and earnings and look forward to continued growth this year,” said David A. Kraemer, President and Chief Executive Officer. “We remain focused on aggressive training and marketing initiatives implemented this last year, while strategic efforts this year include focusing on opportunities for expansions or relocations of current stores based on targeted market analysis.”

Bestway, Inc. owns and operates a total of sixty-nine rent-to-own stores located in the southeastern United States. These stores generally offer high quality brand name merchandise such as home entertainment equipment, appliances, furniture and computers under flexible rental purchase agreements that generally allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period.

This press release and the guidance above contain various "forward-looking statements" that involve risks and uncertainties. Forward-looking statements represent the Company's expectations or beliefs concerning future events. Any forward-looking statements made by or on behalf of the Company are subject to uncertainties and other factors that could cause actual results to differ materially from such statements. These uncertainties and other factors include, but are not limited to, (i) the ability of the Company to open or acquire additional rental-purchase stores on favorable terms, (ii) the ability of the Company to improve the performance of such acquired stores and to integrate such opened or acquired stores into the Company's operations, (iii) the impact of state and federal laws regulating or otherwise affecting rental-purchase transactions, (iv) the impact of general economic conditions in the United States and (v) the impact of terrorist activity, threats of terrorist activity and responses thereto on the economy in general and the rental-purchase industry in particular. Undo reliance should not be placed on any forward-looking statements made by or on behalf of the Company as such statements speak only as of the date made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, the occurrence of future events or otherwise.