Financial Times story cites GATA lawsuit

11:32p ET Saturday, May 5, 2001

Dear Friend of GATA and Gold:

Here is the press release GATA has issued in Africa about
next week's GATA African Gold Summit.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

May 4, 2001

African Gold Summit (Gold Anti-Trust Action Committee)

Delegates representing mining companies in South Africa
(Harmony, Gold Fields, Durban Roodepoort Deep) as well
as companies in the United States and Canada will meet with
representatives of the South African, Swazi, and Ghanain
governments and South African trade unions (COSATU and
NUMSA) at the GATA African Gold Summit on May 10, 2001,
at the International Convention Centre in Durban, South
Africa.

The programme will include presentations by Reginald
H. Howe, Frank Veneroso, and James Turk.

Howe will elaborate on the lawsuit he filed in U.S. District
Court in Boston on December 7, 2000, against the Bank for
International Settlements, U.S. Federal Reserve Chairman
Alan Greenspan, New York Federal Reserve Bank President
William J. McDonough, J.P. Morgan amp; Co. Inc., Chase
Manhattan Corp., Citigroup Inc., Goldman Sachs Group Inc.,
Deutsche Bank AG, and the U.S. secretary of the treasury.

Veneroso will present evidence from the public domain
that clearly identifies a reckless and dangerous central
bank gold loan structure that far exceeds what is generally
understood in the gold industry.

A workshop environment will be encouraged so that
delegates' questions may be fully addressed.

His Majesty Zulu King Goodwill Zwelithini will
also be attending the summit.

Issued by: Media-Link
Contact: Rhoda Fowler
Tel: (031) 2021831
Fax: (031) 2016498
Cell: 083 301 0064
E-Mail: m-link@iafrica.com

For GATA
Contact: Bill Murphy
Tel: (091) 214 522 3411
Fax: (091) 214 522 4432