SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

     LITIGATION RELEASE NO. 15658 / March 3, 1998

     SECURITIES AND EXCHANGE COMMISSION v. KUSLIMA SHOGEN, STANISLAW MIKULSKI,
     AND ALLEN SIEGEL, Civil Action No. 1:98CV00545(GK), USDC, DDC, (filed March
     3, 1998)

          On March 3, the Commission filed a complaint in the United States
     District Court for the District of Columbia against Kuslima Shogen
     (Shogen), Stanislaw Mikulski (Mikulski), and Allen Siegel (Siegel).  The
     Commission alleged that with respect to their beneficial ownership of the
     equity securities of Alfacell Corporation (Alfacell): (1) Shogen violated
     Sections 13(d), 13(g) and 16(a) of the Securities Exchange Act of 1934
     (Exchange Act), and Rules 13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1
     thereunder, by failing to file a Schedule 13D and 13G, and thirty-six
     amendments thereto, and by not timely filing a Form 3, sixty-seven Forms 4
     and three Forms 5 in transactions worth more than $25.5 million, (2)
     Mikulski violated Sections 13(d) and 16(a) of the Exchange Act, and Rules
     13d-1, 13d-2, 16a-2, 16a-3 and former Rule 16a-1 thereunder, by failing to
     file a Schedule 13D and fifteen amendments thereto, and by not timely
     filing a Form 3, twenty-six Forms 4 and three Forms 5 in transactions worth
     more than $6.9 million, and (3) Siegel violated Section 16(a) of the
     Exchange Act, and Rules 16a-2, 16a-3 and former Rule 16a-1 thereunder, by
     not timely filing a Form 3, forty-two Forms 4 and four Forms 5 in
     transactions worth more than $5.6 million. The Commission requested the
     court to impose civil penalties of (1) $20,000 against Shogen, and (2)
     $10,000 each against Mikulski and Siegel, pursuant to Section 21(d)(3) of
     the Exchange Act.  Without admitting or denying the allegations in the
     complaint, the defendants consented to the entry of a final judgment
     imposing those penalties.

          In a related matter, the Commission issued an administrative Order
     pursuant to Section 21C of the Exchange Act, finding that Shogen, Mikulski,
     and Siegel, violated the provisions of the Exchange Act as set forth above. 
     Without admitting or denying the allegations in the Commission's Order, the
     respondents consented to the entry of the Order requiring them to cease and
     desist from committing or causing any violations or future violations of
     those currently effective Exchange Act provisions. 













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