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Bestway, Inc.

Second Quarter FY2003 Financials
Statement of Operations

	(Unaudited)
	Three Months Ended		Six Months Ended
	January 31		January 31
	2003	2002	2003	2002
Revenues
Rental income	$8,502,669	$8,313,962	$16,496,860	$16,555,497
Sales of merchandise	391,591	179,888	670,362	388,858
	8,894,260	8,493,850	17,167,222	16,944,355

Cost and operating expenses:
Depreciation and amortization:
Rental merchandise	1,728,322	1,706,358	3,348,869	3,421,720
Other	379,407	464,628	751,944	933,011
Cost of merchandise sold	427,584	157,768	779,824	361,821
Salaries and wages	2,662,915	2,445,020	5,107,388	4,939,068
Advertising	427,932	384,780	812,923	800,531
Occupancy	593,122	650,436	1,182,182	1,331,892
Other operating expenses	2,499,317	2,551,652	5,153,395	5,128,077
Interest expense	175,103	199,127	350,268	447,052
(Gain) loss on sale of property and equipment	(9,347)	962	(8,561)	(4,609)
(Gain) loss on sale of assets	-	15,233	-	(55,892)
	8,884,355	8,575,964	17,478,332	17,302,671

Income (loss) before income taxes	9,905	(82,114)	(311,010)	(358,316)

Income tax benefit	(32,714)	(8,391)	(116,938)	(92,711)

Net income (loss)	42,619	(73,723)	(194,072)	(265,605)

Basic net income (loss) per share	.03	(.04)	(.12)	(.16)

Diluted net income (loss) per share	.02	(.04)	(.12)	(.16)

Weighted average common shares outstanding	1,671,705	1,655,272	1,662,139	1,670,405

Diluted weighted average common shares outstanding	1,752,091	1,655,272	1,662,139	1,670,405