SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. Litigation Release No. 15584 / December 9, 1997 Securities and Exchange Commission v. Viking Resources International, Inc. Civil No. 1:97CV02949 (D.D.C.) (filed December 9, 1997) On December 9, 1997, the Commission filed a complaint in the United States District Court for the District of Columbia against Viking Resources International, Inc. ("Viking"). The complaint alleges that Viking, a recycling, waste management and long-haul trucking company whose securities are quoted in the pink sheets, failed to make available to the investing public current and accurate information about its financial condition and results of operation through the filing of periodic reports with the Commission as required by the Securities Exchange Act of 1934 ("Exchange Act"). Specifically, the complaint alleges that Viking has not filed its Annual Report on Form 10-K for the fiscal year June 30, 1997, its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 1996, and two Notifications of Late Filing with respect to its delinquent reports. The Commission seeks to compel Viking to file its delinquent periodic reports and enjoin Viking from further violations of Section 13(a) of the Exchange Act of 1934 and Rules 12b-25, 13a-1 and 13a-13 thereunder. Simultaneously with the filing of the Commission's complaint, Viking consented to the entry of a Final Judgment granting the relief sought by the Commission and admitted that it had not filed the periodic reports as described above. ======END OF PAGE 1====== ======END OF PAGE 2======