U.S. Securities and Exchange Commission

          Litigation Release No.  16109  / April 8, 1999

          Securities and Exchange Commission v. CBT-Ohio, Ltd. Andrew P.
          Bodnar, Thomas E. Buck, Michael P. Keating and Keating Advisory
          Group
          (N.D. Ohio Civil Action No. 5:99-CV-822

               The Securities and Exchange Commission ("Commission")
          announced the filing of a Complaint on  April 8, 1999, in the
          United States District Court for the Northern District of Ohio
          against CBT-Ohio, Ltd. ("CBT-Ohio"), Andrew P. Bodnar ("Bodnar"),
          Thomas E. Buck ("Buck"), Michael P. Keating ("Keating"), and
          Keating Advisory Group ("Keating Advisory").

               The Complaint alleges that from November 1996 through July
          1997, the defendants engaged in a scheme to defraud investors and
          to misappropriate money through the fraudulent offer and sale of
          the unregistered securities of CBT Holding Corporation ("CBT
          Holding") and CBT-Ohio.  Bodnar, Buck, acting by and through CBT
          Holding and CBT-Ohio, organized a salesforce comprised of certain
          registered representatives, including Keating.  Bodnar and
          Keating, acting by and through Keating Advisory, and the others
          on the salesforce solicited and induced at least 148 public
          investors to purchase approximately $6.4 million of promissory
          notes issued by CBT Holding and CBT-Ohio.  Bodnar, Keating and
          the others on the salesforce falsely portrayed the securities as
          certificates of deposit yielding a 12 percent annual return and
          made other misrepresentations intended to lull investors into the
          false belief that the securities were safe investments.  The
          Complaint alleges that, in reality, Bodnar and Buck
          misappropriated most, if not all, of the investor funds raised
          through the sales of the CBT Holding and CBT-Ohio securities.
          Bodnar and Buck used over $3 million to pay their personal living
          and business expenses, and transferred another $2 million to
          individuals promoting dubious investments known as "Prime Bank"
          instruments.  In addition, Bodnar and Buck used most of the
          remaining investor funds to make principal and interest payments
          to other investors who had invested in CBT Holding and CBT-Ohio
          securities at earlier points in time.

               The Complaint alleges that Keating and the others on the
          salesforce failed to conduct any independent investigation or due
          diligence on CBT Holding, CBT-Ohio and/or their securities.
          Instead, they relied entirely on Bodnar for information who
          provided little more than the anticipated rate of return.
          Nevertheless, Keating, in particular, touted the safety of the
          CBT Holding and CBT-Ohio securities.  Acting through Keating
          Advisory, he told investors, variously, that their funds would be
          invested in a certificate of deposit issued by a so-called "world
          bank;" that the rate of return was guaranteed; that the
          investment was liquid; and that the securities were backed by the
          "full faith and credit" of the United States.  Keating knew, or
          was reckless in not knowing, that these representations were
          entirely false.

               The Complaint alleges that CBT-Ohio, Bodnar, Buck, Keating
          and Keating Advisory violated Sections 5(a), 5(c) and 17(a) of
          the Securities Act of 1933 and Section 10(b)of the Securities
          Exchange Act of 1934 ("Exchange Act"), and Rule 10b-5 thereunder.
          The Complaint further alleges that Bodnar, Keating and Keating
          Advisory violated Section 15(a) of the Exchange Act.  The
          Complaint seeks permanent injunctive relief, disgorgement of all
          profits, together with prejudgment interest thereon and the
          imposition of civil penalties.