The Mint Leasing, Inc. Appoints William Sklar as Chief Financial Officer

Houston, TX - (WORLD STOCK WIRE) - December 2, 2008 -- The Mint Leasing, Inc. (OTC Bulletin Board: MLES), a provider of innovative vehicle leasing solutions, today announced that it has appointed William L. Sklar as the Company's Chief Financial Officer.

Mr. Sklar has 20 years of experience as an advisor and consultant to publicly-traded and privately-owned companies. He has developed financial and administrative programs and strategies for companies in a wide range of industries, including software and technology, health services and natural resources. In addition, he has assisted a number of early-stage companies in the development and execution of their business plans.

For the past 18 years, Mr. Sklar has been President and Director of Willmar Management Corp., a consulting company that provides management and administrative services to private and public companies in the United States, the United Kingdom and Canada. He currently serves on the Boards of Directors of Arrayit Corporation and Radiate Research Inc., both of which are publicly-traded companies based in the United States.

Mr. Sklar received a Bachelor of Commerce degree from the University of Toronto in 1970.

"We are very pleased to welcome Bill Sklar to our executive management team as Chief Financial Officer," stated Jerry Parish, Chief Executive Officer of The Mint Leasing, Inc. "His extensive experience has included assisting numerous companies that have successfully made the transition from privately-owned to publicly-traded status, and we expect Bill to contribute greatly to the execution of our aggressive growth strategy."

About The Mint Leasing, Inc.

As a provider of innovative leasing solutions, The Mint Leasing, Inc., allows premier franchise automobile dealers to offer their customers attractive and flexible financing alternatives for the purchase of new or late-model cars and trucks. Most of the Company's customers are located in Texas and sixteen other states. The Mint Leasing's customers are primarily comprised of brand-name automobile dealers that seek to provide leasing options to their customers, many of whom would otherwise not have the opportunity to acquire a new or late-model-year vehicle. 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".

The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. 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 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.

Contact: R. Jerry Falkner, CFA, 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


Jerry Parish, CEO
Mint Leasing, Inc.
323 North Loop West
Houston, TX 77008
USA

Phone: 713-665-2000
Fax: 800-591-6468


Source: Mint Leasing, Inc.
Note: The following press release was submitted by: Mint Leasing, Inc., and World Stock Wire, Inc. is not liable for the contents of this press release.