==========================================START OF PAGE 1====== SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 38492 / April 10, 1997 The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the Exchange Act ), of over-the-counter trading of the securities of Historic Hotel Holdings, Inc. ( HHH ), of Lake Park, Florida, at 9:30 a.m. EDT, on April 10, 1997, and terminating at 11:59 p.m. EDT on April 23, 1997. The Commission temporarily suspended trading in the securities of HHH because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, HHH s alleged ownership of and plans to renovate, or current efforts to acquire, a hotel; in what market HHH s securities are traded; and HHH s alleged acquisition of a company purportedly engaged in a business connected to the oil and gas industry. The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to HHH s securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action. If any broker-dealer or other person has any information which may relate to this matter, the Miami, Florida office of the Securities and Exchange Commission should be telephoned at (305) 982-6360. ==========================================START OF PAGE 1====== SUMMARY FOR NEWS DIGEST COMMISSION ORDERS TRADING SUSPENSION IN SECURITIES OF HISTORIC HOTEL HOLDINGS, INC. On April 10, 1997, the Commission announced that, pursuant to Section 12(k) of the Securities Exchange Act of 1934, it issued an order suspending trading in the securities of Historic Hotel Holdings, Inc. ( HHH ), a Lake Park, Florida, based company purportedly engaged in the business of acquiring a hotel in Sebring, Florida, as well as acquiring a company engaged in a business connected to the oil and gas industry. The order was issued because of questions regarding the accuracy of assertions by HHH, and by others, in press releases and in documents sent to investors concerning, among other things, HHH's alleged ownership of and plans to renovate, or current efforts to acquire, the Harder Hall hotel in Sebring, Florida; in what market HHH s securities are traded; and HHH s acquisition of Boyd Energy Corporation and Alert Manufacturing, Inc. Pursuant to the Commission's order, trading in HHH s securities was suspended for the period from 9:30 a.m. EDT, April 10, 1997 through 11:59 p.m. EDT, on April 23, 1997. Contact person: Jon B. Jordan, (305) 982-6353