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To: accountclosed who wrote (39651)5/7/1999 7:01:00 PM
From: NW Bronco Fan  Respond to of 86076
 
Gold announces 2 for 1 split

Fort Knox, Ky., May 5, 1999 / -- Gold (periodic chart symbol AU) announced today that its worldwide holders have announced a 2 for 1 split of the commodity. Record date for the split will be May 12, 1999. Gold will be quoted on a post-split basis as of May 12, 1999. Rather than quoting gold in ounces, it will now be quoted in half ounces but holders of gold ounces will now own two one-half ounces.

Holders of gold do not need to take action to receive the benefits of the split. Each ounce of gold they currently own will now be worth two one-half ounces of Gold.

A gold trader chose to remain anonymous commented; "This should really get gold moving up. With the announcement from the UK today, we thought we were doomed. This is exactly what gold has needed for the past 15 years to get its value moving along again. The UK would be foolish to sell now! I'll bet gold will trade up ten percent within an hour of this press release"

About Gold: Gold is a precious metal commodity. Possibly the first metal used by humans, gold has long been used as a trade currency.