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Non-Tech : Havana Republic (HVAR)

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To: Gravitar who wrote (372)	10/22/1998 11:47:00 AM
From: Gravitar	Read Replies (2) of 686

DJ: Milan Capital Group Drops Havana Republic From Its Stable of Emerging Growth Companies (PR Newswire 10/22 11:44:14) MELVILLE, NY--(BUSINESS WIRE)--Oct. 22, 1998--Milan Capital Group today decided to rescind its future obligations with Havana Republic Inc. due to disagreements as to the direction the company should take to increase shareholder value. We thank all the shareholders and investors for their support and wish them and management all the best. Although we feel Havana Republic still has tremendous potential, we at Milan Capital Group felt that management's direction didn't coincide with Milan's growth strategies. CONTACT: Milan Capital Group, Melville Ira Monas, Managing Director Robert Franqui, Senior Account Specialist 516/393-5135 www.milancapital.com 11:29 EDT OCTOBER 22, 199 S.PR HVAR I/TOB N/BW N/PREL M/NCY P/DFT R/FL R/NME R/US R/USS

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