FOR IMMEDIATE RELEASE                               98-34

                              
ORDER ISSUED IN SEC V. INTERNATIONAL HERITAGE, INC., ET AL.,
             CASE NO. 1 98-CV-0803 RWS (N.D.GA.)


     Washington, D.C., April 7, 1998 -- On April 3, 1998,
the Honorable Richard W. Story, United States District
Judge,  issued an order finding, among other things, that
the interests sold to representatives of International
Heritage Inc. ("IHI"), were securities, as that term is
defined in the federal securities laws, that the primary
business of IHI was recruiting rather than selling products,
and  that the IHI program was fraudulent. Judge Story issued
a preliminary injunction prohibiting IHI, its officers and
agents from future violations of  the federal securities
laws, enjoining certain aspects of IHI's compensation plan,
and appointing the receiver, Lloyd Whittaker, as a monitor
of the firm. Upon the posting of a $5 million bond, IHI's
management will be permitted to take control of the company.
However, before enlisting additional representatives, IHI is
required to develop a compensation program which does not
violate the Court's order and which is approved by the
monitor.

     On March 16, 1998, the Commission had filed a civil
action in the Northern District of Georgia against IHI,
Stanley H. Van Etten and others. IHI, based in Raleigh,
North Carolina, purports to do business as a network
marketing company, and operates a network of purportedly
independent "sales representatives."  IHI raised more than
$157 million from over 173,000 representatives. The
Commission's complaint alleged, among other things, that
IHI's program involved the sale of securities and that the
program was fraudulent in that it functioned as a pyramid
scheme.

     IHI has been prohibited from enlisting new
representatives since March 16, 1998.  The Commission
requests that any person who has been recruited since that
time contact the Atlanta office of the Commission at (404)
842-7660.