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Prominent Shareholders Gain Additional Shares of Integrated Asset Management

Date: Thursday, October 30, 2003

Integrated Asset Management Corp. announced that Koloshuk Farrugia Corp., a company owned by the chairman and CEO and CFO of IAM, acquired 2% of its outstanding shares. Shareholders of Koloshuk Farrugia, Victor Koloshuk, chairman and CEO of IAM, and Stephen Johnson, CFO of IAM, collectively or indirectly own about 41.2% of the outstanding shares of IAM. The acquisition of IAM common shares by Koloshuk Farrugia was done for investment purposes, according to an IAM announcement. For the complete story: http://www.hedgeworld.com/news/read_news.cgi?section=intl&story=intl10517.html