STATE OF CALIFORNIA -- BUSINESS, TRANSPORTATION AND HOUSING AGENCY PETE WILSON, Governor DEPARTMENT OF CORPORATIONS San Francisco, California OCT 3 1997 [GRAPHIC OMITTED] IN REPLY REFER TO: FILE NO: 995--2764 Mr. Rafael Aquirre-Sacasa Evers & Andelin, LLP 155 Montgomery Street, 12th Floor San Francisco, CA 94104 Re- ZAP Power Systems Dear Mr. Aquirre-Sacasa We are enclosing the Order issued in the above-entitled matter. The registration of the offer and sale of franchises requested in the application filed on September 18, 1997, is effective until April 20, 1998. Please note that pursuant to section 31121, a registration renewal application must be filed no later than 15 business days prior to the expiration of the registration. There is no stop order in effect pursuant to section 31115 of the Franchise Investment Law. Sincerely, /s/ W. ANTHONY COLBERT W. ANTHONY COLBERT Corporations Counsel Securities Regulation Division (415) 557-1815 Enclosure LOS ANGELES 90010-3001 SACRAMENTO 95814-2725 SAN DIEGO 92101-3697 3700 WILSHIRE BOULEVARD 980 NINTH STREET 1350 FRONT STREET (213) 736-2741 (916) 445-7205 (619) 525-4233 SAN FRANCISCO 94102-5303 1390 MARKET STREET (415) 557-3787 STATE OF CALIFORNIA BUSINESS, TRANSPORTATION AND HOUSING AGENCY DEPARTMENT OF CORPORATIONS File No. 995-2764 Applicant- ZAP Power Systems ORDER DESIGNATING REGISTRATION PERIOD The registration of the offer and sale of franchises requested in the application filed on September 18, 1997, will terminate April 20, 1998. Dated: San Francisco, California OCT 3 1997 BRIAN A. THOMPSON, Chief Deputy Commissioner of Corporations By /s/ W. ANTHONY COLBERT ----------------------------- W. ANTHONY COLBERT Corporations Counsel 995-27634 ZAP POWER SYSTEMS - -------------------------------------------------------------------------------- DBA: ZAP ELECTRIC VEHICLE OUTLET No.C 458383 9-18-97 - ------------- Filing Date Cash / / ACCTS. REC/REIMB ____Coordinations Ck. /X/ $ 675.00 ____Notifications M.O. / / REMARKS: ____Non-Issuer Not. ____Permits FRANCHISE REGISTRATION ORIGINAL RECEIPT ____Amendments ____Transfers ____Broker-Dealers _____LICENSE $___________ ____Investment Adv. Invest. $____________ ____Agent's Certs. STATE OF CALIFORNIA ____Copies DEPARTMENT OF CORPORATIONS ____Other Revenue (I) By ????????? 9/19/97 --------------------------------------- ADM 578 Receipt Date 85 94914