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For Immediate release

Release Date:07/17/00

For Further information contact:
Dr. Lee Fergusson ,Owner
Phone :1-515-472-1550
Email: lfergusson@usagl.com
Company:GOL India.com, Inc.
Address:50 North Third Street
city:Fairfield
State:IA
Zip:52556
USA:USA
Url:http://www.GlobalOnlineIndia.com

Fairfield, IA July 17, 2000: ENG Enterprises, Inc., (Nasdaq: ENEI) gained 522.22% today during its first day of trading since its merger with GlobalOnlineIndia.com (http://www.GlobalOnlineIndia.com) registered as GOL India.com, Inc., last Friday. This gain represents the largest first day gain for an Indian internet stock listed on a US stock exchange. ENG Enterprises will apply for a name change to "GlobalOnlineIndia.com, Inc." and symbol change as a result of this merger. The new ENG Enterprises board of directors has also voted a 200% stock dividend to be issued, which will bring the total outstanding shares to 50,004,275. Global Online India.com is competing with Satyam Infoway (Nasdaq: SIFY) and Rediff.com India Limited (Nasdaq: REDF) with its GlobalOnlineIndia.com Portal operating the Indian meta-hub "www.GlobalOnlineIndia.com", which is Global Online's Indian e-commerce hub providing online services to the 25.0 million Indian expatriate population around the world in the following categories: news, chat, Bollywood, e-greetings, tickets, sports, stocks, auctions, classifieds, yellow and white pages, and jobs. Global Online India was established to provide e-commerce services and e-business solutions to consumers and business in India and around the world through its fully-owned subsidiary, GOL India Portal Private Limited, a New Delhi company, and will provide Internet access and web hosting services to residential and business customers through a 49% ownership of GOL India Internet Services Provider Private Limited ("GOL ISP"), a New Delhi company doing business as of March 12, 1998.

GOL India ISP received, on June 7, 1999, a "Category A" national ISP license issued by the Government of India. This license authorizes Global Online India, when fully operational, to provide Internet access services through 108 points-of-presence located in every major city of India. GOL ISP also signed on October 24, 1999 a memorandum of understanding with Uttar Pradesh Development Systems Corporation Limited (UPDESCO). This government-owned corporation serves the state of Uttar Pradesh, the largest of 29 states in India, with a population of approximately 170.0 million.Global Online India is affiliated with Global Online, Inc. (GOL), an international meta-hub portal at "www.GlobalOnline.com ". GOL is the global gateway to international life and world trade providing services through its 5,680 web sites. Global Online Inc. is a wholly owned subsidiary of USA Global Link a privately held Delaware corporation.This press release contains forward-looking statements that are subject to risks and uncertainties. Any statements that are not statements of historical fact (including without limitation statements to the effect that the Company or its management "believes", "expects", "anticipates", "plans" and similar expressions) should be considered forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, uncertainties related to demand for the company's services; costs of operation; changes in laws or regulations or in their interpretation; technological changes; economic conditions and other risks described from time to time in the Company's filings with the Securities and Exchange Commission. The trading symbol for ENG Enterprises, Inc., on the Nasdaq OTC is ENEI

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