FOR IMMEDIATE RELEASE 2000-106 COMMISSION ANNOUNCES FINAL STEPS IN MODERNIZATION OF EDGAR FILING SYSTEM Washington, D.C., August 1, 2000 - Today the Securities and Exchange Commission announced the schedule for completion of EDGAR filing procedure modernization. In a rule release dated April 24, 2000, it was announced that DOS- based "legacy" EDGARLink would be terminated sometime after November 1, 2000. In keeping with that release, effective November 27, 2000, the EDGAR system will no longer accept electronic filings using the DOS-based "legacy" EDGARLink software or 9 track tapes. Filers may continue to submit their official filings in either ASCII or HTML format. As of that date, filers using EDGARLink software will have to use EDGARLink Version 7.0 (or higher) to submit filings to EDGAR via the Internet, direct transmission or on magnetic tape cartridge. Filers and filing agents are urged to visit the EDGAR filing web site at . They may download the EDGARLink software as well as the EDGAR Filer Manual and its N-SAR Supplement from this site. Filers should submit test filings now using EDGARLink 7.0, and submit their second quarter 10-Qs using this new software. This will allow filers to become familiar with the new software before use of the DOS-based "legacy" EDGARLink software is terminated in November. Questions about termination of DOS-based EDGARLink, should be directed to Filer Support at 202-942-8900. # # #