UNITED STATES SECURITIES AND EXCHANGE COMMISSION

           LITIGATION RELEASE NO. 16120 / April 22, 1999

           SECURITIES AND EXCHANGE COMMISSION v. LENNOX INVESTMENT GROUP, LTD.,
           ACTIVE INTERNATIONAL, INC., RANDALL W. LAW, JAMES F. WARDELL, MONICA M.
           ILES, FRANK L. PEITZ, AND DANIEL B. BENSON, 4:98CV536-Y, USDC, ND/TX
           (Fort Worth Division)

                On April 21,1999, United States District Judge Terry R. Means
           entered a default judgment against Lennox Investment Group, Ltd
           ("Lennox") permanently enjoining the company from future violations of
           Section 17(a) of the Securities Act of 1933 ("Securities Act"), and
           Section 10(b) of the Securities Exchange Act of 1934 ("Exchange Act")
           and Rule 10b-5 thereunder, and ordering it to disgorge illegal profits
           of $11,109,880, plus prejudgment interest of $2,736,623.

                Previously, on January 29, 1999, default judgments setting
           disgorgement amounts were entered against defendants Daniel B. Benson
           ("Benson") and Active International, Inc. ("Active),  and relief
           defendants P.B.F. Capital Group, Inc. ("P.B.F."), Benson Financial,
           Inc. ("BFI"), and I.B.I., Inc. ("I.B.I."). Benson and Active were
           ordered, jointly and severally, to disgorge illegal profits in the
           amount of $11,109,000, plus prejudgment interest of $2,500,000.  Relief
           defendants were ordered to disgorge the following amounts: P.B.F. --
           $3,949,273, plus prejudgment interest of $839,519; BFI -- $2,053,586,
           plus prejudgment interest of $445,099; and I.B.I. -- $335,000, plus
           prejudgment interest of $18,196.   Benson and Active were permanently
           enjoined by default on November 24, 1998, from future violations of
           Section 17(a) of the Securities Act, and Section 10(b) of the Exchange
           Act and Rule 10b-5 thereunder.

                According to the Commission’s complaint, the defendants
           fraudulently offered and sold unregistered "prime bank" securities to
           more than 50 investors in at least 10 states. Investors were told that
           their funds would be placed in an escrow account, with the investment
           principal guaranteed, and that their funds would be invested in a
           trading program where  investors could expect a yield of 122.5% per
           week for 40 weeks during the 54 week term of the program. In fact,
           according to the complaint,  the trading program did not exist and
           these defendants, instead of investing the funds, stole the investors’
           funds and used them for their own benefit and the benefit of their
           designees, including the relief defendants.

           DEFAULT JUDGMENTS ENTERED IN PRIME BANK CASE

                On April 21, United States District Judge Terry R. Means entered a
                default judgment against Lennox Investment Group, Ltd (Lennox)
                permanently enjoining the company from future violations of the
                antifraud provisions of the federal securities laws, and ordering
                it to disgorge illegal profits of $11,109,880, plus prejudgment
                interest of $2,736,623.

                Previously, on January 29, 1999, default judgments setting
                disgorgement amounts were entered against defendants Daniel B.
                Benson (Benson) and Active International, Inc. (Active),  and
                relief defendants P.B.F. Capital Group, Inc. (P.B.F.), Benson
                Financial, Inc. (BFI), and I.B.I., Inc. (I.B.I.). Benson and
                Active were ordered, jointly and severally, to disgorge illegal
                profits in the amount of $11,109,000, plus prejudgment interest of
                $2,500,000.  Relief defendants were ordered to disgorge the
                following amounts: P.B.F. -- $3,949,273, plus prejudgment interest
                of $839,519; BFI -- $2,053,586, plus prejudgment interest of
                $445,099; and I.B.I. -- $335,000, plus prejudgment interest of
                $18,196.   Benson and Active were permanently enjoined by default
                on November 24, 1998, from future violations of the antifraud
                provisions of the federal securities laws.

                According to the Commission’s complaint, the defendants
                fraudulently offered and sold unregistered "prime bank" securities
                to more than 50 investors in at least 10 states. Investors were
                told that their funds would be placed in an escrow account, with
                the investment principal guaranteed, and that their funds would be
                invested in a trading program where  investors could expect a
                yield of 122.5% per week for 40 weeks during the 54 week term of
                the program. In fact, according to the complaint,  the trading
                program did not exist and these defendants, instead of investing
                the funds, stole the investors’ funds and used them for their own
                benefit and the benefit of their designees, including the relief
                defendants.   [ Securities and Exchange Commission v. Lennox
                Investment Group, Ltd.,, et al., 4:98CV536-Y, USDC, ND/TX ] (LR-
                )


                Jeffrey Norris
                Trial Counsel
                Fort Worth District Office
                817/978-6452