THE CABOT MARKET LETTER ANNOUNCES MAJOR BUY SIGNAL

FOR IMMEDIATE RELEASE

The Cabot Heritage Corporation

P.O. Box 2049

176 North Street, Salem, MA 01970

contact: Julie DeFelice, (978) 745-5532

THE CABOT MARKET LETTER ANNOUNCES MAJOR BUY SIGNAL

Salem, MA, May 15, 2003 - THE CABOT MARKET LETTER investment newsletter publication announces that their long-term market timing indicators have turned bullish resulting in a major buy signal.

"The market is stronger than most investors realize," said Carlton G. Lutts, editor and founder of The Cabot Market Letter, adding, "As investors, this is what we've been waiting for."

Cabot's four primary market timing indicators are giving positive readings and indicating that leading stocks are healthy and poised for rapid appreciation.

"My advice is to maintain your bullish posture. And, if you haven't moved to a fully invested position, it isn't too late," said Lutts.

Cabot's Model Portfolio holds a total of 12 slots and currently is 100% invested in long-term growth stocks.

According to Lutts, "Our portfolio holdings are showing subscribers profits and are showing classic signs of accumulation - rising on heavy volume, falling on lighter volume, finding support at moving averages, etc. All in all, it's an encouraging picture."

Lutts uses his award-winning market timing investment system criteria to evaluate each of his recommendations. Recently, Lutts was named by Timer Digest as one of America's Top Long Term Market Timers for 2003.

The Cabot Market Letter, founded in 1970, is published by The Cabot Heritage Corporation. It is an independent newsletter of investment advice based on Lutts' own award-winning market timing and stock selection system. Cabot also publishes Cabot's Sector Inspector and Cabot's Top 10 investment newsletters.

The next scheduled publishing date for The Cabot Market Letter is Friday, May 16, 2003.

Charter subscriptions are available for $99/year complete with a 60-day full money-back guarantee.

For further information and to get the current issue of The Cabot Market Letter contact: http://www.cabot.net

or:

The Cabot Heritage Corporation

P.O. Box 2049

176 North Street, Salem, MA 01970

contact: Julie DeFelice, (978) 745-5532

mailto:cabotpublishing@cabot.net

###