FOR IMMEDIATE RELEASE
DATE: July 25, 2000 
Trading Symbol: IHI (CDNX)    IHITF (IHITF.OB for Yahoo) (OTCBB)

G.E. Capital Lease Financing

Mr. Roger A. Rached, President of INTERNATIONAL HI-TECH INDUSTRIES INC. (the "Company") is very pleased to announce the completion of a robotic equipment leasing agreement with GE Capital Canada. "We have worked closely with our vendor partner Fanuc Robotics to structure this facility. We look forward to a long and mutually beneficial relationship with IHI", said GE Capital's Vice-President of Business Development.

Patent News

The company's patent base continues to expand with the addition of patents allowed in Turkmenistan. Located in the Caspian Sea area adjacent to Iran, Turkmenistan is rich in natural resources, including what is regarded as the world's fourth-largest reserves of natural gas. Since Turkmenistan's independence in 1991, western nations have begun to invest in the area with the development of airports, hotels and other major construction projects, supported by the government's heavy investment in infrastructure improvements. A further patent has been allowed in Romania (Patent Number 496). Strong interest in IHI's superior product in the construction industry continues to grow, most recently in China, the Middle East and Central America - in addition to our traditional territories where our Joint Venture partners are well-established.

Website Updates (www.ihiintl.com)

By mid-August, our website will accommodate more frequent updates and photos on the ongoing installation of the company's state-of-the-art manufacturing equipment. Investors and interested parties will be able to see details on a weekly basis as IHI's advanced facility nears completion.

AGM August 15

The company's Annual General Meeting will be held at the Hopcott Road factory on Tuesday, August 15, 2000 at 11 a.m. The meeting will be followed by a BBQ luncheon. For BBQ details and reservations shareholders should contact us at 604-733-5400 by August 5, 2000.

Series 2 Preferred Shares Dividend Payments

Further to IHI's News Release of Feb. 14, 2000, quarterly dividend payments for the Series 2 Preferred Share Units have commenced.

International Hi-Tech Industries Inc. is a company whose principal business is the development and commercialization of a new building system in Canada, and internationally through its subsidiary, IHI-International Holdings Ltd.

This release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward looking statements. Readers should not place undue reliance on the forward-looking statements, which reflect the management's view only as of the date hereof. The Company undertakes no obligations to publicly revise these forward-looking statements to reflect subsequent events or circumstances.
 

ON BEHALF OF THE BOARD OF DIRECTORS

 "Roger A. Rached"
_____________________________
  ROGER A. RACHED, PRESIDENT 

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THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY O F THIS RELEASE.

For further information please contact:
The company's head office: 1-604-733-5400
E-Mail: info@ihi.ca
Website: www.ihiintl.com or www.ihi.ca