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BINGOGOLD.COM INC.  HAS NEVER BEEN INCORPORATED IN THE JURISDICTION OF ANTIGUA AND BARBUDA

St. John’s, Antigua, October 1999—The Director of Offshore Gaming, Mrs. Gyneth McAllister makes the following statement with regard to the announcement by Cofitras Entertainment Inc. of BingoGold.Com Inc; a company allegedly incorporated in Antigua.

My office has investigated this claim by Cofitras Entertainment Inc. now styled BingoGold.Com Inc. that there exits a corporation in the State of Antigua and Barbuda, incorporated under the name BingoGold. Com Inc.

BingoGold.Com Inc. is not presently nor has it ever been incorporated in this jurisdiction. Any statement to the contrary is false.

Gyneth McAllister
Director of Offshore Gaming