SECURITIES AND EXCHANGE COMMISSION
                                   WASHINGTON, D.C.

     Litigation Release No.15450/August 20, 1997                     

     SEC v. Jozef A.C. van Stratum
     (Civil Action No. 1:95-CV-2007-RCF, N.D. Ga.)

          The Securities and Exchange Commission announced that on August 12,
     1997, the Honorable Richard C. Freeman, United Sates District Judge for the
     Northern District of Georgia, entered a Default Judgment against Jozef A.C.
     van Stratum ("van Stratum") for failing to respond to a complaint filed by
     the Commission seeking a permanent injunction, disgorgement and civil
     penalties.
         
          An order of permanent injunction was entered against van Stratum
     enjoining him from further violations of Section 10(b) of the Exchange Act
     of 1934 and Rule 10b-5 thereunder.  Van Stratum was also ordered to pay
     disgorgement in the amount of $36,789.67, representing losses avoided and
     prejudgment interest.  Van Stratum was further ordered to pay a civil
     penalty under the Insider Trading Sanctions Act of 1984 in the amount of
     $28,000, within 45 days of the date of the judgment.

          The Commission's complaint, filed on August 9, 1995, alleged that van
     Stratum, a former officer and director of Crown Anderson, Inc. ("Crown"),
     sold Crown stock while in possession of material non-public information
     concerning the performance of Crown.  Van Stratum was the managing director
     of Montair Anderson, b.v. ("Montair"), a wholly owned subsidiary of Crown. 
     The Commission contends that at least by June 15, 1993, van Stratum was
     aware that the revenues of the Montair subsidiary had decreased materially. 
     Between June 28, 1993 and July 2, 1993, prior to the public disclosure of
     this information, van Stratum sold 25,000 shares of Crown stock.  On July
     22, 1993, when Crown announced that the company anticipated a loss for the
     quarter ending June 30, 1993 attributable to losses suffered by the Montair
     subsidiary during the quarter, the price of Crown stock fell by 16 percent. 
     By selling his stock prior to the announcement, van Stratum avoided a loss
     of $28,000.  For more information, see Litigation Release 14599 (August 10,
     1995).















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