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To: John Hunt who wrote (22997)	11/16/1998 8:34:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 116790

Placer Dome announcement / risk coverage biz.yahoo.com << Placer Dome Inc. announces that it has obtained political risk insurance coverage through its brokers J&H Marsh & McLennan with a consortium of international insurers for its investments in developing countries around the world. The policies give Placer Dome an aggregate cover of US$470 million for political risk. This coverage will address risks that the company faces with respect to having investments in developing countries. The Company is satisfied that the policy limits are adequate for the exposure it currently expects to face over the five year term of the policy. >>