CORRECTION (May 03, 1999)

In our March 15 issue, we incorrectly stated that that certain executives of Kit Resources (KIT-T) had disposed of their options, when in fact they cancelled them.

John Zigarlick was actually granted 100,000 options and Morris Medd cancelled 50,000 options — not 40,000 shares — and currently holds 1,000 shares indirectly.

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