Nicholas Investment Company President Discusses Financial Results and Opportunities in the China Market in Interview


TEMECULA, Calif., April 13, 2004 (PRIMEZONE) -- Nicholas Investment Company, Inc. (Pink Sheets:NIVM) President, Steven R. Peacock, has participated in an interview to discuss the Company's recent 10-K year-end financial results as well as the Company's expanding operations in China and new opportunities in that growing market. The interview can now be heard on The Asian Investor website, http://www.theasianinvestor.com/.

In the interview, Mr. Peacock also discussed Nicholas COO and SINO UJE, Ltd. President Chris Bickel's current trip to China to oversee progress in the integration of new products into both the Medical and Industrial divisions of SINO's distribution operations.

"We anticipate that the growth of SINO will continue, and our expectation is that it will become an asset of significant value for the Nicholas investment portfolio," commented Mr. Peacock.

About Nicholas Investment Company

Nicholas Investment Company, Inc. is a closed-end fund whose core focus is to seek out strategic investments in a number of growth industries. The company has acquired 100% of Javelin Holdings, Inc. (www.javelinholdings.com), a small business consulting firm, and 95% of SINO UJE (www.sinouje.com), a non-stocking distributor that sells and services western-manufactured high-tech products to markets throughout China. For more information on the Company and its Fund Portfolio or to sign up for the Company's mailing list, please visit, www.nicholasinvestments.com

All statements included in this release, including statements regarding potential future plans and objectives of Nicholas Investment Company, Inc. are forward-looking statements. Such statements are necessarily subject to risks and uncertainties, some of which are significant in scope and nature beyond Nicholas Investment Company, Inc.'s control. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Actual results may differ materially depending on many factors. Nicholas Investment Company, Inc cautions that historical results are not necessarily indicative of the future performance.



            

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