The audit process is in its latter stages and the Company expects to publish the resulting financial statements as soon as the audit process is complete.

"We expect that the audit and the related review of our financial controls and systems will soon be complete," remarked Dr. Christopher J. Leatt, the Company's Chief Executive Officer. "Meanwhile, as a result of our observations during the audit process, we have taken steps to revamp our corporate and financial controls to provide more accurate and timely financial information and effectively deal with the challenges of a global business."

The Company also formally announced that it has engaged Rubenstein Investor Relations in New York City to handle its investor relations going forward. The Company expects that this engagement will foster better communications with its shareholders and the investment community as it seeks to implement its commercial objectives.

About Leatt Corporation:

Leatt Corporation is the exclusive global distributor of the Leatt-Brace®, a Neck Brace designed to prevent or lessen the severity of potentially devastating motor sport injuries to the cervical spine (the neck). The company's operations and research and development of its core products currently take place at Leatt Corporation's main offices in Cape Town, South Africa.

For

Safe Harbor Statement

This release may contain certain "forward-looking statements" relating to the business of Leatt Corporation and its subsidiary companies (collectively, the "Company"). All statements, other than statements of historical fact included herein are "forward-looking statements," including statements regarding: the Company's ability to achieve its commercial objectives; the business strategy, plans and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "anticipates," "seeks," "intends," or "projects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, they do involve assumptions, risks and uncertainties, many of which are beyond the Company's control or ability to predict, and these expectations may prove to be incorrect or vary significantly from actual results. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.