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To: Wayne Rumball who wrote (2243)1/7/1999 3:47:00 PM
From: BARRY ALLEN  Respond to of 11130
 
CDKX......anyone following this one?

Wednesday January 6, 1:13 pm Eastern Time

Company Press Release

CDKNET.COM Inc. Decides Not to Accept Current Offer

GARDEN CITY, New York--(BUSINESS WIRE)--Jan. 6, 1999--CDKNET.COM Inc. (OTC BB:CDKX - news; the ''Company'') announced today that the Board of Directors of the Company has decided not to accept the offer as presently constituted by a prospective purchaser seeking to acquire the Company for a ''substantial premium per share above the current market price.''

The Company is actively engaged in discussion with several prospective purchasers. The Company is prepared to evaluate any revised offers from such prospective purchaser and any other offers made by third parties with respect to the Company.

This press release contains forward-looking statements. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements.

CDKnet, CDK and Game Player and Metrotainment are registered trademarks of CDKnet, LLC.

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Contact:

CDKNET.COM, Garden City
Steven A. Horowitz, 516/222-2345
Fax: 516/222-2665

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