SECURITIES AND EXCHANGE COMMISSION

   Litigation Release No. 16925 / March 8, 2001

   SEC v. Yun Soo Oh Park and Tokyo Joe's Societe Anonyme Corp., N.D.
   Ill., Civil No. 00-C-0049, filed January 5, 2000

   On March 8, 2001, the Securities and Exchange Commission filed a
   Consent and Stipulation ("Consent") and a proposed Final Order and
   Judgment of Permanent Injunction ("Final Order") that settle the
   enforcement action brought by the Commission against Defendants Yun
   Soo Oh Park ("Park"), a self-proclaimed Internet stock-picking guru,
   and Tokyo Joe's Societe Anonyme Corp. ("Societe Anonyme"), the company
   through which Park operates an Internet web site. The Commission's
   enforcement action is pending in the United States District Court for
   the Northern District of Illinois before the Hon. Charles P. Kocoras,
   who entered the Final Order on March 8th. (SEC v. Yun Soo Oh Park, et
   al., N.D. Ill., Case No. 00-C-0049). The Final Order permanently
   enjoins Park and Societe Anonyme from violating the antifraud and
   other provisions of the federal securities laws, orders Park and
   Societe Anonyme to pay $324,934 in ill-gotten gains and $429,696 in
   civil penalties, for a total monetary payment of $754,630. Park and
   Societe Anonyme also agreed to post a hyperlink to the Final Order on
   the home page of Park's Tokyo Joe web site for a period of thirty
   days.

   In its Complaint, filed in January 2000, the Commission alleged that
   Park operated an Internet web site through which members of Societe
   Anonyme, who paid a monthly fee to join Societe Anonyme, received
   stock recommendations and other investment advice from Park. The
   Commission charged that Park defrauded members of Societe Anonyme by
   failing to disclose that, in several instances, he had already
   purchased shares of the stock that he was recommending and that he
   planned to sell his shares into the buying flurry and subsequent price
   rise that followed his recommendations, an illegal practice known as
   scalping. The Commission also charged that Park touted one company to
   members of Societe Anonyme and to the public without disclosing that
   he had received shares of stock in the company in exchange for his
   recommendation. Finally, the Commission charged that the past
   performance results posted on Park's web site were materially false
   and misleading.

   Under the terms of the settlement, Park and Societe Anonyme, without
   admitting or denying the allegations in the Commission's Complaint,
   consent to the entry of the Final Order. The Final Order permanently
   enjoins Park and Societe Anonyme from violating the antifraud
   provisions of the Investment Advisers Act of 1940 ("Advisers Act")
   (Sections 206(1) and 206(2)) and the Securities Exchange Act of 1934