FOR IMMEDIATE RELEASE 99-88 Washington, DC, August 2, 1999 Media Advisory Microcap Fraud Sweep News Conference What: News conference to announce results of microcap fraud enforcement sweep. Who: Richard H. Walker, Director, SEC Division of Enforcement When: Tuesday, August 3, 1999; 10:30 a.m. EDT Where: William O. Douglas Room (1C30) Securities and Exchange Commission 450 5th Street, NW Washington, DC Teleconf Call 202.942.0020 to receive the "listen only" erence: teleconference number. Other: News conference and teleconference for media only. # # #