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Sitestar Awaits Clearance on Stock-Listing Application

VALLEY ROUNDUP | BUSINESS ROUNDUP

December 21, 1999

Sitestar Corp., Encino, said it will temporarily list its stock over the counter, pending clearance of its application with the Security and Exchange Commission to be listed as a small-capitalization stock. The company said it has established a task force to respond immediately to any comments the SEC may have regarding its pending acquisitions.

Sitestar is a diversified Internet holding company.

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