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To: GraniaO who wrote (485)4/16/1999 2:28:00 PM
From: Stephen Yarger  Respond to of 525
 
FSACF is an undiscovered Internet travel play. The company (First South Africa Corp Ltd.) owns 81% of leisureplanet.com. The market capitalization is very small (about 25 mil), and the float is tiny at 1.1 mil.

In order to reflect the companies interest in LeisurePlanet FSACF is seeking shareholder approval to change it's name to Leisure Planet Holdings Ltd and change it's ticker symbol to LPHL.

Leisure Planet has entered into agreements with Yahoo and Lycos. Leisure Planet will be the exclusive hotel and air travel services provider for Yahoo in Germany and France. The Lycos portal agreement extends for three years and makes Leisure Planet the exclusive travel partner for the Lycos travel web guide in 14 major European markets.

The following link leads to an analyst recommendation for FSACF as published on the front page of SI:

techstocks.com

Here are links to FSACF's latest press releases:

biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com

Leisure Planet is a global Internet travel agency. For consumers, Leisure Planet operates a full-service leisure travel site - www.leisureplanet.com which provides on-line flight, car and hotel booking facilities, and excellent travel guides for over 170 countries or regions. By providing integration of its virtual travel agency service, Leisure Planet also licenses its content and technology to selected Internet sites. To date, Leisure Planet's expanding group of high-profile distribution sites includes infospace.com (USA), itravel.com.au (Australia), virtualoutlet.com (USA), thetrip.com (USA), resfeber.com (Sweden), rejsefeber.dk (Denmark), reisefeber.com (Norway), lycosuk.co.uk (UK), planetoasis.com (USA), mweb.co.za (South Africa) and lycos.de (Germany). This pool of Internet distribution positions Leisure Planet as the premier global Internet distribution partner for hotels.

gomez.com ranks Leisure Planet 11th in Online Resources (higher than Yahoo travel) and 11th in Customer Confidence (higher than PTVL, Expedia, Yahoo, and TheTrip.com).