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Gold/Mining/Energy : TVX Gold

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To: Box-By-The-Riviera™ who wrote (852)	4/12/2001 6:24:10 PM
From: jimcav	Read Replies (1) of 905

Thursday April 12, 12:26 pm Eastern Time Press Release TVX Gold Inc. - Greek Update TORONTO--(BUSINESS WIRE)--April 12, 2001--TVX Gold (NYSE:TVX - news; TSE:TVX. - news) has become aware of articles circulating through the Greek press regarding a ruling from the Greek Conseil d'Etat adverse to TVX. The Company would stress that these are rumors only as there has been no official decision released from the Conseil d'Etat and, after contacting Greek counsel, no judgment is expected to be rendered until the end of the second quarter. On January 12, 2001, the Conseil d'Etat heard challenges against the Greek government relating to certain permits for the development of the Company's Olympias project. These challenges relate to the development of the Olympias project only and in no way impact the Company's ownership of its Greek assets including the Stratoni operations. Forward-Looking Statements Some statements in this press release contain forward-looking information. These statements address future events and conditions and, as such, involve inherent risks and uncertainties. Actual results could be significantly different from those projected. biz.yahoo.com

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