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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Tauber who wrote (2215)6/7/2000 7:42:00 PM
From: John Carragher  Respond to of 3664
 
Exodus Commun Hldrs Approve 2-For-1 Stock Split

Dow Jones Newswires

Pay June 20, rec June 7.

The split will increase authorized common shares to 1.5 billion.

SANTA CLARA, Calif. -- Exodus Communications Inc.'s (EXDS) shareholders approved
increasing the company's authorized common stock to 1.5 billion shares, allowing it to effect a
2-for-1 stock split.

In a press release Wednesday, the enterprise Internet hosting company said shareholders of record
June 7 will receive one additional share for each share held.

The company's transfer agent will mail certificates for the additional shares on or about June 20.