UTGC Listed on Berliner Wertpapierboerse, Germany

New York (ots-PRNewswire) - UTG Communications International Inc. (OTC Bulletin Board: UTGC) announced today that it obtained a listing for its common stock on the Berliner Wertpapierboerse in Germany effective today.

This likely will allow European and especially German Investors to trade UTG shares in Berlin cost effectively and brings the UTG stocks closer to the European trading market.

The Company is listed under the WKN/code number 912914 and prices are quoted in EURO, the new European currency. Trading is possible from anywhere in Europe.

The Company intends to introduce its common stock to European analysts and banks in a presentation in Frankfurt, Germany early February 1999.

This release contains certain forward-looking statements which involve known and unknown risks, uncertainties and other factors not under the Company's control which may cause actual results, performance, achievements of the Company to be materially different from the results, performance of expectations implied by these forward-looking statements. These factors include but are not limited to, the limited liquidity of the Company, the limited operating history of the Company under its reorganised management team, as well as other risks detailed in the Company's periodic filings with the Security and Exchange Commission.

ots Original Text Service: UTGC Communications International, Inc. Internet: http://www.newsaktuell.de

Contact:

Investor Relations Dept. of UTG Communications International, Inc. Phone: +41-1-749-31-03, or
Fax: +41-1-749-31-09

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