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Gold/Mining/Energy : NPEC CEO to answer questions ON-LINE! NP Energy

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To: Jerry Keba who wrote (36)2/8/1997 11:42:00 AM
From: Jerry Keba   of 42
 
Share Information:

The are none, nor have there ever been Reg-S shares.

Preferred Shares are Class C not Class B. Class B was 1994 preferred
which have been retired. Class C restrictions are that they could not
be converted prior to 1 year after date of issue. They are converted
at 10:1.

There are currently no restricted shares.

There are currently no plans for a revers split.

Insiders (Les Price, Larry Regis, Jack Ginn) must report trades under
SEC guidlines. The annual report will indicate shares held by principals.

The annual report will be out in June.

The shareholders meeting will take place in June.

JKeba
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