| Shameless pitch? Well, Leisure Canada went from $1.60 to over $3.00. For those who invest in  Cuba-related deals, what was wrong with that? U.S. - Cuba Business Summit 3 will be held on May 19/22 in Cancun. By attending the Summit, you
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 executives of companies already operating in Cuba.
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 FIRMS FROM CANADA JOIN TO SPONSOR US-CUBA BUSINESS SUMMIT
 
 Major Canadian firms operating in Cuba have joined together with companies
 from the U.K., United States, Israel, and Cuba to sponsor the next US-Cuba
 Business Summit to be held from May 19-22, 1999 in Cancun, Mexico.
 
 The leading Canadian sponsors are Genoil Inc., with operations in oil
 exploration; Cuban Club Resorts, a major developer of tourism facilities;
 MacDonald Mines, with activities in mining and oil; and the Cuban Investment
 Letter, a newsletter of pertaining to investment regarding Cuba. Other
 sponsors are: from the U.K. - THE FINANCIAL TIMES; from the U.S. -USA*Engage
 and PATTON BOGGS LLP; from Israel - Grupo BM; and from Cuba - RE/MAX and the
 Miramar Trade Center.
 
 This is the third US-Cuba Business Summit to be organized by Alamar
 Associates, a Washington-based firm which provides a wide range of
 consulting services to companies interested in doing business in Cuba.
 
 In the 1998 series of Summits, more than 100 executives from U.S. firms in
 Cancun and Havana with Cuban Ministers, sector specialists, and others to
 gain a first hand knowledge of the Cuban economy and the real potential for
 each U.S. firm.
 
 The 1999 Summit in May will include a special Investment Opportunity Forum
 which will allow US executives the chance to learn about current and future
 investment opportunities presented by official of international firms
 already doing business in Cuba. In addition, the new Real Estate laws in
 Cuba will be discussed in detail and breakout groups will be held to match
 the interest of each delegate.
 
 "This is really the best opportunity and the only forum which brings
 together Cubans and U.S. executives for face-to-face general and private
 meetings" said Kirby Jones, President of Alamar Associates. "It allows firms
 from Canada and other countries doing business in Cuba the chance to meet
 potential investors," added Jones, "and allows U.S. executives from the
 financial and corporate communities the chance to hear from their peers and
 to assess the potential for their firm."
 
 The ministerial delegation from Cuba will be headed by Ibrahim Ferradaz,
 Minister of Foreign Investment. He will be joined by over a dozen Cuban
 officials who will travel to Cancun to meet with each individual delegate.
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