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To: Clidec who wrote (1377)3/23/1998 1:53:00 PM
From: Beverley Davies  Read Replies (2) | Respond to of 3046
 
********** NEWS -- Re today's stock activity **********

MediaConcepts Inc. Issues Statement on Recent Increased Activity in Stock

PALM SPRINGS, Calif., March 23 /PRNewswire/ -- MediaConcepts, Inc. (OTC Bulletin Board: MDCE) believes the recent increase in stock activity is attributed to "Buy" recommendations in two separate newsletters over the internet.

The newsletters were from "Mick Orgas" and "Undervalued Dog," distributed over the internet.

Both "Buy" recommendations in these newsletters were unsolicited, and no payment of any type was made by MediaConcepts, Inc.

MediaConcepts is a diversified company, currently in film, entertainment, and cosmetics, expanding in its effort to increase assets, and earnings per share to build shareholder value.

SOURCE MediaConcepts Inc.

CO: MediaConcepts Inc.

ST: California

IN: ENT HOU

SU:

03/23/98 13:41 EST prnewswire.com