At approximately 1:15 PM, the OTCBB implemented a solution to the inability to disseminate current last sale, high/low and volume information for OTCBB and other-OTC securities. This change removed all trade data displayed in the dynamic quote screen at the time of the correction.

The system fix reset all volumes to "zero". All of today's trades are good and have been captured by ACT. The end-of-day transmission to market data vendors, sent at 5:24 p.m., will reflect the correct volume and will include all transactions for the entire day.

Members are advised that the status of all trades reported to ACT, whether before or after the system update, will remain the same and will be forwarded to the clearing corporation, where applicable.

Members are further advised that any symbol changes which were to have occurred in ACT will not be made in ACT today. These symbol changes were published in the Daily List for an effective date of today, July 8, 1999. Therefore, members must continue to report trades into ACT via the old symbol while quotes in OTCBB securities will occur in the new symbol.

The old symbol can be obtained through the automated symbol directory on the workstation or on OTCBB.com.

Please direct any questions to the ACT Desk at (203) 378-0166.