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Bauer Board Approves Stock Buy Back

Press Release: Bauer Partnership, Inc.
November 27, 2002
NEW YORK, NY -- The Bauer Partnership, Inc. announced yesterday that its Board of Directors has authorized the repurchase of up to 10,000,000 of its shares on the open market upon raising financing of which the company is currently in discussions with various parties. The purchase may be conducted from time to time on the open market or in private transactions upon completing of financing.

"We believe that after a hard year of restructuring our debt and reducing our liabilities and overhead costs, we are currently poised for strong growth in the coming year. We have begun to execute on a master plan to change our vision and close on various revenue generating acquisitions which will reflect profitably and beneficial enhancements to our balance sheet, such as the World Golf League and others which will be forthcoming" said Ronald J. Bauer, CEO & Founder.

The stock repurchase program reflects management's confidence in the company's long-term prospects and will be initiated to support new public shareholders who have invested in BAUER in recent weeks.

The Bauer Partnership Inc. recently announced that it has changed its corporate philosophy from a real estate investment company to a diversified holding company to better maximize shareholder value, with the three main investment objectives, Real Estate, Sports and Leisure, and Resources as well as an agreement to purchase the World Golf League, Inc.

About BAUER

The Bauer Partnership, Inc. (OTC Bulletin Board: BUER) is a diversified holding company that specializes in acquiring and developing cash-flow positive Real Estate assets, Sports and Leisure acquisition opportunities and Resource oriented ventures. The Bauer Partnership, Inc. also focuses it's efforts on developing viable projects in the Caribbean and Latin America. Bauer has an acquisition team who operate from the company's headquarters in New York.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. BAUER takes no obligation to update or correct forward-looking statements.

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     Contact:        The Bauer Partnership, Inc., New York
     Press Contact:  Ronald J. Bauer, CEO, (212) 572-6276
                     info@bauer-partnership.com
                     www.bauer-partnership.com

Source: Bauer Partnership, Inc.