Archive - Nov 22, 2004

Date

ZAP announces 3 for 1 forward stock split

ZAP announces 3 for 1 forward stock split

SANTA ROSA, California (November 23, 2004) - Automotive technology pioneer ZAP (OTC BB:ZAAP) announced today that during a Special Meeting of the Board of Directors the Company approved a 3 for 1 forward split of the Company's common stock.

The forward stock split will be effective on or about December 13, 2004. Stockholders will be entitled to three shares of common stock for each share of common stock held on that date. The proposed stock split is subject to regulatory approval and may require the issuance of a new symbol and CUSIP number.