FOR IMMEDIATE RELEASE                                       99-59

SEC To Host Small Business Town Hall Meeting in Kansas City, MO

     Washington, DC, June 2, 1999 -- The Commission announced
today that a small business town hall meeting will be held at
3:00 p.m. on Wednesday, June 30, 1999 at the University of
Missouri-Kansas City Pierson Auditorium at 5000 Holmes Road,
Kansas City, Missouri.  The small business town hall meetings,
which are being conducted throughout the United States, convey
basic information to small business about fundamental
requirements that must be addressed when these businesses wish to
raise capital through the public sale of securities.  In
addition, the Commission hopes to learn more about the concerns
and problems facing small businesses in raising capital so that
programs can be designed to meet their needs, consistent with the
protection of investors.

     Arthur Levitt, Chairman of the SEC and Brian Lane, Director
of the Division of Corporation Finance, will be the featured
speakers of the Kansas City Small Business Town Hall Meeting,
which is being co-sponsored by the Greater Kansas City Chamber of
Commerce, the University of Missouri-Kansas City Bloch School of
Business and Public Administration, and the Kansas Technology
Enterprise Corporation.  Other speakers include Brad Douglas,
Regional Advocate for Small Business for the Office of Advocacy,
U.S. Small Business Administration; David Brant, Securities
Commissioner for the State of Kansas; Mary Hosmer, Assistant
Securities Commissioner for the State of Missouri; and Rich
Bendis, President and CEO of the Kansas Technology Enterprise
Corporation, among others.  A question and answer period will
follow the presentations.  The co-sponsors are hosting a
reception immediately following the town hall.

     For further information, contact Barbara Jacobs in the
Office of Small Business of the Division of Corporation Finance,
at (202) 942-2950.  Or, please send an e-mail message to the
small business electronic mailbox at "e-prospectus@sec.gov".

       There is no charge for the town hall meeting; however, we
encourage you to make reservations by contacting the UMKC Central
Ticket Office at (816) 235-2700 or 800-735-2966 (TT) for Missouri
Relay.  Alternatively, you may fax your reservation to (816) 235-
2704.

                           #    #    #