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To: Terry Maloney who wrote (329491)	12/11/2006 10:47:27 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

NEW YORK (Dow Jones)--A civil lawsuit brought against the World Gold Council and the World Gold Trust Services LLC involving the council's $9.2 billion gold exchange-traded fund, StreetTracks, has been dismissed. The lawsuit, filed by Dan Ascani and Gemini Diversified Holdings LLC, has been dismissed by the Supreme Court of the State of New York, the Council said Monday. Ascani, who heads market research at Global Market Strategists Inc., had claimed that he initiated the idea for a gold ETF that was launched in November 2004 and was seeking $450,000 and lost revenue. Ascani said in a statement: "I acknowledge that the World Gold Council did not misappropriate any trade secret belonging to me. I have learned through the trial of this action that my lawsuit against the World Gold Council was entirely without merit, and I apologize to World Gold Council for suing them." wow, what an analyst.