International Assets Holding Corp. Board Authorizes Stock Dividend

Business Wire, Feb 23, 1999

WINTER PARK, Fla.--(BUSINESS WIRE)--Feb. 23, 1999--The board of directors of International Assets Holding Corp. (Nasdaq SmallCap:IAAC) at its director's meeting on Feb. 12, 1999, declared a 10% stock dividend for shareholders of record on March 5, 1999 and payable on March 26, 1999.

International Assets Holding Corp. presently has approximately 1,482,000 shares outstanding and will increase the total shares outstanding by approximately 148,200 additional shares. Fractional shares will be settled in cash.

International Assets Holding Corp. is the parent holding corporation for International Assets Advisory Corp. International Assets Advisory Corp. operates a full-service securities brokerage firm specializing in global investing.