CORPORATE NEWS

POSS VSŽ STORY ADD - Forty percent of Trinecké _elezárny sold to VS_

40 percent of shares outstanding of Trinecké _elezárny (T_, Czech steel mill) were sold on October 1é through the Prague Stock Exchange to an unknown entity for 2.027 billion KŹ. According to a T_ spokesman, this resulted from a deal between VS_ Inc. and T_, under which VS_ is to acquire S20 percent of T_ and T_ receiving 10 percent of VS_. The spokesman refused to comment on the fact that it was not 20 percent, but 40 percent of T_ that was sold.

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