FOR IMMEDIATE RELEASE

Flugal Financial Services and Wierig International Inc. Sign Agreement to
Effect Business Combination

BERLIN, GERMANY - Sept. 8, 2003 (Send2Press Newswire) -- Flugal Financial
Services Ltd., (Pink sheets: FUGLF), a corporation organized under the
Canada Business Corporations Act, announced today the signing of a series
of agreements wherein a business combination between Flugal Financial
Services Ltd and Wierig International Inc. will occur.  In the agreements,
Wierig International Inc. will acquire controlling interest of the entity
and shall appoint an entirely new board of directors who will be
responsible for the new company's management. According to the agreements,
the new directors are to pass a resolution to officially change the
company's name to Weirig International Inc. The name change is intended to
reflect the new business and more appropriately represents Wierig
International Inc.'s global operating activities.  The closing of the
series of transactions are subject to certain conditions and approvals.

Wierig International Inc., established in Berlin, Germany, is a dynamic
engineering design and construction company involved in a variety of
business activities including building production and contract
manufacturing, import/export, and the distribution of chemicals and
building materials. With offices in Germany, Malaysia and the Philippines,
Asia is Wierig International Inc.'s primary focus of operations. Wierig
International Inc. possesses the technology and expertise to create high
quality pre-fabricated concrete building slabs, which are designed to make
final project assembly and do not require the construction of columns and
beams. This special technique allows the company to drastically reduce
cost and increase profit margins. The company's products are ideal for any
kind of construction from offices and factories to residential units and
are in high demand in many markets because of the high level of efficiency
and quality.

Wierig International Inc. indicated that the transaction represents a new
opportunity for growth for Wierig International Inc., with great potential
for a higher level of company recognition and chance to obtain public
investment funding. The quotation of the company's shares also will
facilitate the likelihood for Wierig to seek out a larger and more diverse
shareholder base through market investment and trade. This will allow
Wierig the ability to reach its goal of high growth and greater
shareholder value.

About Wierig International Inc.

Wierig International Inc. is a Berlin, Germany corporation engaged in the
manufacture and distribution of numerous materials used in the company's
own construction of buildings and housing units. Involved in the
construction and engineering field for over twenty years, Wierig
International Inc. does business with governments and corporations and has
offices in Germany, Philippines and Malaysia.

 
	MEDIA CONTACT:
	Tony Evans 
	Wierig International Inc. - Investor Relations
	phone +49-3028095960 
	email: lemondeduvin@t-online.de    




 
         	

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*Important Note: to reach the person sending the news release contact:
lemondeduvin@t-online.de

If used for publication, please send specimen copy.
[source of news = Flugal Financial Services Ltd., (Pink sheets: FUGLF)]
ref: http://www.send2press.com/2archive/2003/pr_03_0908-flugal.txt 
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prn/n/5c/ INTL / BERLIN, GERMANY