ZAP Shareholder Meeting Of October 26, 2002 Proxy Revised

SEBASTOPOL, Calif. (October 21, 2002) – ZAP (OTC:ZAPZ) announced today that it has revised the proxy materials to include additional information for the Director nominees biographies. It was also noted that shareholders of record as of August 30, 2002, may re-vote before the meeting date as the result of the additional information provided in the revised proxy statement . See http://www.zapworld.com/ or Form DEFR14A as filed with the Securities and Exchange Commission for the Annual Meeting to be held October 26, 2002. The public is invited to join us for our annual shareholder meeting on Saturday, October 26, 2002 at 10:30 am PST at the Kendall Jackson Wine Center 5007 Fulton Road, Fulton, California 95439 . Please RSVP to ZAP (707) 824-4150. At the meeting we will introduce our new management team and give a summary of our latest financial results. We will demonstrate and show for the first time some of our newest products being launched this year, and you will hear directly from various departments. All of our electric bikes, scooters and other electric vehicles will be available to test drive and will be available at a special price, so you will have every excuse to ZAP your way around town!