BESTWAY, INC. REPORTS SECOND QUARTER 2003 RESULTS Same Store Revenues Up 15.1%

(Dallas, Texas - March 13, 2003) Bestway, Inc. (NASDAQ: BSTW), today announced revenues and net earnings for the quarter ended January 31, 2003.

Revenue for the second quarter ended January 31, 2003 increased to $8,894,260 compared to $8,493,850 for the comparable period in 2002. Growth in same store revenues drove this 4.7% increase, which was offset by decreased revenues from the consolidation or sale of fourteen store locations in 2002. Same store revenues (revenues earned in stores operated for the entirety of both periods) during the second quarter of 2003 increased 15.1% above the comparable quarter of 2002. Net income and diluted earnings per share for the second quarter were $42,619 or $.02 per share, respectively, compared to a net loss of $73,723 or $.04 per share a year ago. Proforma net loss for the second quarter of 2002 was reduced to $10,636 or $.01 per share to reflect the required adoption of Statement of Financial Accounting Standards No. 142, under which the Company discontinued amortization of goodwill.

Revenue for the six-month period ended January 31, 2003 increased to $17,167,222 compared to $16,944,355 for the comparable period in 2002. Growth in same store revenues drove this 1.3% increase, which was offset by decreased revenues from the consolidation or sale of fourteen store locations in 2002. Same store revenues during the six-month period of 2003 increased 12.7% above the comparable period in 2002. Net loss and diluted earnings per share for the six-month period were $194,072 or $.12 per share, respectively, compared to a net loss of $265,605 or $.16 per share a year ago. Proforma net loss for the six-month period of 2002 was reduced to $139,430 or $.08 per share to reflect the required adoption of Statement of Financial Accounting Standards No. 142, under which the Company discontinued amortization of goodwill.

The Company's improvement in operations for both the three and six-month periods occurred as a result of the increase in revenues coupled with the realization of our margin enhancement initiatives and the reduction of intangible amortization expense, offset by our investments in human resources and advertising. By adjusting our merchandise mix through the elimination of lower margin product lines and focusing on higher revenue merchandise, we increased our average income per rental agreement and our gross margins. Our increased investment in store personnel and advertising resulted in an increase in both customers and agreements on rent.

"I can not say enough about the job everyone here at Team Bestway is doing," commented David Kraemer, the Company's President and Chief Executive Officer. "We committed ourselves 7 months ago to make '03 a year of growth, and I'm pleased to say we are seeing the rewards of good planning and execution as evidenced by an impressive 12.7% improvement in same store sales for the six-month period as well as returning the company to profitability for the quarter. In addition to our improvement in all financial measures," Kraemer continued, "we also have significantly strengthened our field personnel at all levels including the appointment of two new Regional Vice Presidents. Based on the quality of our team, our commitment to continuous improvement in processes and execution and the overall opportunity in the rent-to-own industry, I could not be more excited about our future."

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.

BESTWAY, INC. REPORTS THIRD QUARTER 2003 RESULTS Same Store Revenues Up 11.3%

(Dallas, Texas - June 12, 2003) Bestway, Inc. (NASDAQ: BSTW), today announced revenues and net earnings for the quarter ended April 30, 2003.

The Company had total revenues for the quarter ended April 30, 2003 of $9,213,864 compared to $8,423,551 for the comparable period in 2002. Growth in same store revenues drove this 9.4% increase, which was offset by decreased revenues from the consolidation or sale of fourteen store locations in 2002. Same store revenues (revenues in stores operated for the entirety of both periods) during the third quarter of 2003 increased 11.3% above the comparable quarter of 2002. Net income and diluted earnings per share for the third quarter were $147,106 or $.08 per share, respectively, compared to net income of $301,507 or $.19 per share a year ago. Proforma net income for the third quarter of 2002 was increased to $364,594 or $.22 per share to reflect the required adoption of Statement of Financial Accounting Standards No. 142, under which the Company discontinued amortization of goodwill.

Revenue for the nine-month period ended April 30, 2003 increased to $26,381,085 compared to $25,367,906 for the comparable period in 2002. Growth in same store revenues drove this 4.0% increase, which was offset by decreased revenues from the consolidation or sale of fourteen store locations in 2002. Same store revenues during the nine-month period of 2003 increased 12.1% above the comparable period in 2002. Net loss and diluted earnings per share for the nine-month period were $46,967 or $.03 per share, respectively, compared to net income of $35,902 or $.02 per share a year ago. Proforma net income for the nine-month period of 2002 was increased to $225,164 or $.13 per share to reflect the required adoption of Statement of Financial Accounting Standards No. 142, under which the Company discontinued amortization of goodwill.

The Company's decline in net income for both the three and nine-month periods occurred primarily as a result of higher costs associated with our continued investments in human resources and advertising. The combined higher costs negatively impacted the three and nine-month period diluted earnings by approximately $.36 and $.50, respectively. “Although these investments affected our performance in the short term, we are pleased that they have enabled us to produce three consecutive quarters of double digit increases in same store revenues, in light of intentionally eliminating a number of low margin product lines,” commented David A. Kraemer, the Company's President and Chief Executive Officer. “Our primary focus continues to be growing revenues in same stores by improving the quality of our personnel under the operating philosophy that coworker retention leads to customer retention. We remain focused on aggressive programs implemented 9 months ago and believe that the growth potential for Team Bestway, as well as the entire rent-to-own industry, is significant.”

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.