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To: SSP who wrote (51709)	6/19/2000 10:02:00 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

CCAA OKLAHOMA CITY, June 19 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTC Bulletin Board: CCAA) today announced that documentation has been submitted and approved for listing in Standard & Poor's Corporate Records publication. The Standard & Poor's Corporate Records is an industry reference tool consisting of seven volumes of detailed information on approximately 12,000 publicly traded companies. Corporate Records has been continuously published for over 75 years and is widely viewed as the most respected and authoritative source of information about publicly held companies. Detailed historical, business, and financial information is included in a corporate profile for each approved company. Brokers, market makers, traders, and institutional and individual investors extensively use the Corporate Records publications. Each of these sectors will now have easy access to a complete background of Cala Corporation. Mr. Cala stated that inclusion of Cala Corporation in the Corporate Records is an important step in gaining broad-based recognition in both the business and trading communities. It provides a respected forum where investors can go to learn about our Company. Historically, inclusion in the Standard & Poor's Corporate Records tends to broaden the market for that company's stock. Standard & Poor's is recognized as the world's leading provider of market indices. S&P indices are used by investors around the globe for investment measurement and as the basis for a wide range of financial instruments. Corporate Records serves as a recognized securities manual in many states for "Blue Sky / Manual Exemption" trading. About Cala Corporation. Cala Corporation is a developer of international hospitality businesses with a corporate emphasis on the ownership, operation and management of hotels, resorts and casinos. Cala Corporaton is currently developing the Undersea Resort and Hotel project with proposed locations throughout the world. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. SOURCE Cala Corporation -0- 06/19/2000 /CONTACT: Cala Corporation, 405-235-4960, or INFO@CalaCorporation.com/ /Web site: calacorporation.com / (CCAA) CO: Cala Corporation ST: Oklahoma IN: LEI

To: SSP who wrote (51709)	6/19/2000 10:02:00 AM
From: SSP	Read Replies (1) \| Respond to of 150070

Cala Corporation Approved for Standard & Poor's Listing OKLAHOMA CITY, June 19 /PRNewswire/ -- Joseph Cala, Chairman and CEO of Cala Corporation (OTC Bulletin Board: CCAA) today announced that documentation has been submitted and approved for listing in Standard & Poor's Corporate Records publication. The Standard & Poor's Corporate Records is an industry reference tool consisting of seven volumes of detailed information on approximately 12,000 publicly traded companies. Corporate Records has been continuously published for over 75 years and is widely viewed as the most respected and authoritative source of information about publicly held companies. Detailed historical, business, and financial information is included in a corporate profile for each approved company. Brokers, market makers, traders, and institutional and individual investors extensively use the Corporate Records publications. Each of these sectors will now have easy access to a complete background of Cala Corporation. Mr. Cala stated that inclusion of Cala Corporation in the Corporate Records is an important step in gaining broad-based recognition in both the business and trading communities. It provides a respected forum where investors can go to learn about our Company. Historically, inclusion in the Standard & Poor's Corporate Records tends to broaden the market for that company's stock. Standard & Poor's is recognized as the world's leading provider of market indices. S&P indices are used by investors around the globe for investment measurement and as the basis for a wide range of financial instruments. Corporate Records serves as a recognized securities manual in many states for "Blue Sky / Manual Exemption" trading. About Cala Corporation. Cala Corporation is a developer of international hospitality businesses with a corporate emphasis on the ownership, operation and management of hotels, resorts and casinos. Cala Corporaton is currently developing the Undersea Resort and Hotel project with proposed locations throughout the world. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. SOURCE Cala Corporation -0- 06/19/2000 /CONTACT: Cala Corporation, 405-235-4960, or INFO@CalaCorporation.com/ /Web site: calacorporation.com / (CCAA)