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To: kbert who wrote (10090)5/10/1999 9:00:00 AM
From: Israel  Read Replies (1) | Respond to of 13776
 
biz.yahoo.com

Monday May 10, 8:23 am Eastern Time
Company Press Release
Group V to Initiate Stock Buy Back Program
Company will purchase up to 10 million outstanding shares

SAN FRANCISCO--(BUSINESS WIRE)--May 10, 1999--Group V Corporation (OTC BB: GRPV - news) announced today that it will initiate the stock buy back program approved at the Company's stockholders meeting in May of 1997. The Company will buy back up to ten million (10,000,000) of its outstanding shares.

The Company will purchase shares at market price from its extensive stockholder base. To reduce the costs associated with notification, the Company will endeavor to repurchase these outstanding shares prior to announcing the next stockholders meeting scheduled for later this year.