DIAMOND PAGE — CORRECTION (December 21, 1998)

Our Insider Trading report of Dec. 7 reported that Robert Friedland had indirectly acquired 17.31 million shares in First Dynasty Mines (FDM-T) at 40 cents by converting an equivalent number of debentures to hold that amount through Ivanhoe Capital Finance.

The transaction involved only his acquisition of the convertible debentures in lieu of an outstanding debt owed to him by the company. As such, he still holds 17.31 million debentures in the stated account, which are convertible into shares at 40 cents.