Warren Williams Joins Mint Leasing as Interim Chief Financial Officer

HOUSTON, Oct. 29 /PRNewswire-FirstCall/ -- The Mint Leasing, Inc. (OTC
Bulletin Board: MLES) ("Mint Leasing", "the Company"), which provides
innovative leasing services to customers of franchised automobile dealers
throughout the United States, today announced that Warren L. Williams has
joined the Company as Interim Chief Financial Officer. He will serve in this
capacity while the Company conducts and completes its search for a permanent
CFO.

Mr. Williams is currently a consultant with the Woodhill Financial Group, Ltd.
He has 31 years of financial and accounting experience, having served in a
variety of leadership positions within a number of industries, including
engineering and construction, oilfield services, manufacturing, wholesaling
and distribution. Mr. Williams, a Certified Public Accountant, has been the
CFO of two public companies and a financial consultant to numerous companies,
both independently and as an Audit Partner with Ernst & Young. He has
assisted management teams in assessing business capital needs and in raising
both debt and equity capital.

In his role as CFO of Willbros Group, Inc., a NYSE-listed company, Mr.
Williams' responsibilities included oversight of the accounting, finance,
human resources, and IT departments during a period of time when the company's
annual revenues increased from $177 million to over $800 million. During the
six years (2000-2006) that he was part of the Willbros management team, the
company expanded into new geographic markets and developed the systems
necessary to comply with new regulations following Congressional passage of
the Sarbanes-Oxley Act. He was also responsible for efforts that resulted in
Willbros securing over $70 million in new equity capital, $150 million in
subordinated debt capital, and $150 million in senior debt financing.

Mr. Williams earned a Bachelor of Business Administration degree from the
University of Houston.

"I am very pleased to welcome Warren Williams to our senior management team,"
stated Jerry Parish, Chief Executive Officer of The Mint Leasing, Inc. "His
extensive financial experience should prove invaluable as Mint Leasing pursues
a strategy designed to expand geographically and to satisfy the growing demand
for vehicle leasing within our customer network, which includes franchised
auto dealerships that operate stores in 17 states."

About The Mint Leasing, Inc.

The Mint Leasing, Inc. represents an alternative to traditional financing
companies by providing its innovative vehicle leasing solutions to the
customers of premier automotive retailers. Most of its customers are located
in Texas and six other states in the southeastern U.S. The Mint Leasing's
customers are primarily comprised of brand-name automobile dealers that seek
to provide leasing options to their customers. The Mint Leasing, Inc. is
responsible for underwriting criteria and procedures, administration of the
leases, and collection of payments from lessees.

The Company is headquartered in Houston, Texas, and its common stock trades on
the OTC Bulletin Board under the symbol "MLES".

This press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 (the "Act"). In
particular, when used in the preceding discussion, the words "believes,"
"expects," "intends," "plans," "anticipates," or "may," and similar
conditional expressions are intended to identify forward-looking statements
within the meaning of the Act, and are subject to the safe harbor created by
the Act. Any statements made in this news release other than those of
historical fact, about an action, event or development, are forward-looking
statements. Forward-looking statements are based upon assumptions that in the
future may prove not to have been accurate and are subject to significant
risks and uncertainties. Although the Company believes that the expectations
reflected in the forward-looking statements are reasonable, it can give no
assurance that such expectations or any of its forward-looking statements will
prove to be correct. Factors that could cause results to differ include but
are not limited to, successful performance of internal plans, product or
services development and acceptance, the impact of competitive services and
pricing, or general economic risks and uncertainties, and other risks
disclosed in the Company's periodic filings with the U.S. Securities and
Exchange Commission. The Company takes no obligation to update or correct
forward-looking statements, and also takes no obligation to update or correct
information prepared by third parties that are not paid for by the Company.

Contact: RJ Falkner & Company, Inc., Investor Relations Counsel at (800)
377-9893 or via email at info@rjfalkner.com
or
The Mint Leasing, Inc. Investor Relations at investorinfo@mintleasing.com

SOURCE The Mint Leasing, Inc.

RJ Falkner & Company, Inc., Investor Relations Counsel, 1-800-377-9893,
info@rjfalkner.com; or The Mint Leasing, Inc. Investor Relations at
investorinfo@mintleasing.com