Pender Newkirk & Company - Certified Public Accountants -
Letterhead
Consent of Independent Certified Public Accountants
We hereby consent to the incorporation by reference of our
report dated May 11, 2000 which appears on page F-1 of the
Annual Report on Form 10-KSB for the fiscal year ended March
31, 2000 of Excal Enterprises, Inc. in Form S-8,
Nonqualified Stock Options Issuable Under Various Agreements
Bewtween Excal Enterprises, Inc. and R. Park Newton, III and
Timothy R. Banres, which was dated June 28, 1999; and
Nonqualified Stock Options Issuable Pursuant to Various
Agreements Between Excal Enterprises, Inc. and W. Carey
Webb, W. Aris Newton, and John L. Caskey, which was dated
March 27, 1998.
/s/PENDER NEWKIRK & COMPANY
Pender Newkirk & Company
Certified Public Accountants
Tampa, Florida
June 26, 2000
