SOURCE: Manchester, Inc.

November 29, 2006 10:55 ET

Manchester Inc. Receives Strong Upgrade by Respected Research Firm Bridge IR Group Inc.

Manchester, Inc. Signs Binding Term Sheet to Acquire Americars of San Antonio, Texas

DALLAS, TX -- (MARKET WIRE) -- November 29, 2006 -- Manchester, Inc. (OTCBB: MNCS) is pleased to announce a well-respected firm, Bridge IR has upgraded their equity rating on MNCS. This strong upgrade comes at a time when the Company has signed a binding term sheet to acquire all of the outstanding stock of JC Wink Inc., doing business as "Americars," in an all cash transaction. The binding term sheet provides for a definitive agreement to be executed and the closing to occur within thirty days, pending completion of due diligence.

Bridge IR is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL:

Richard Gaines, an executive of Manchester, Inc., states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction."

Michael Grobler, CFA, states, "The current disparity between the availability, magnitude, and terms of financing to some 'Buy-Here Pay-Here' auto dealers versus others presents Manchester with an opportunity to become a dominant player in a market due to a particular expertise and access to funding that competitors do not have."

Gaines stated, "This cluster of five dealerships in Central Texas marks the beginning of our group acquisition strategy. We are in advanced discussions with several dealerships throughout the U.S. These dealerships are mature established dealerships with existing revenue and earnings that provide operational, managerial, as well as strategic and efficient advantages for Manchester. By developing through acquisition and enabling the dealerships to individually expand within their local territories, the goal of Manchester Inc. is to become the preeminent Buy-Here/Pay-Here company in the country."

Forward-Looking Statements:

This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially.

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