NEWS - March 12, 2003


    
  Boots & Coots Responds to Lender’s Alleged Notice of Default

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Investor Contact:

Jennifer Tweeton
VOLLMER
713-970-2100
jennifert@vollmerpr.com
Rob Schatz/Richard Cooper
Strategic Growth International
212-838-1444
info@sgi-ir.com


HOUSTON, March 12, 2003 -- Boots & Coots International Well Control, Inc. (AMEX: WEL - News). — announced today that it has informed its lender, Checkpoint Business Inc., (“Checkpoint”) that it does not believe that there are any remaining uncured defaults under its agreements with Checkpoint.

As previously released on January 31, 2003, Boots & Coots received a Notice of Default from Checkpoint wherein Checkpoint alleged the occurrence of several defaults under its Loan Agreement with the Company.

Boots & Coots Chairman of the Board, Kirk Krist said, “The Company’s senior officers and its board of directors have been working diligently toward resolving the issues in and around the alleged items of default. Our employees have remained focused on the operation of this Company and to our commitment to provide the best well control response and risk management services to our customers. The Company will provide updates to this release when and if necessary.”


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About Boots & Coots

Boots & Coots International Well Control, Inc., Houston, Texas, provides a suite of integrated oilfield services centered on the prevention, emergency response and restoration of blowouts and well fires around the world. Boots & Coots' proprietary risk management program, WELLSURE®, combines traditional well control insurance with post-event response as well as preventative services, giving oil and gas operators and insurance underwriters a medium for effective management of well control insurance policies. The Company's SafeGuard program, developed for regional producers and operators sponsored by Boots & Coots, provides dedicated emergency response services, risk assessment and contingency planning, and continuous training and education in all aspects of critical well management. For more information, visit the Company's web site at http://www.bootsandcoots.com .

Certain statements included in this news release are intended as "forward- looking statements" under the Private Securities Litigation Reform Act of 1995. Boots & Coots cautions that actual future results may vary materially from those expressed or implied in any forward-looking statements. More information about the risks and uncertainties relating to these forward- looking statements are found in Boots & Coots' SEC filings, which are available free of charge on the SEC's web site at http://www.sec.gov.

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