IAMGOLD announces gold dividend payment option


11:12p ET Wednesday, January 9, 2002

Dear Friend of GATA and Gold:

GATA consultant Reg Howe has announced that he has
completed service, in German, of legal papers against
the Bank for International Settlements -- a point that
was at issue when his lawsuit was argued in federal
court in Boston in November. Howe also points out
some developments in related BIS litigation. You can
find his comments here:


CHRIS POWELL, Secretary/Treasurer