MapInfo Announces Three-For-Two Stock Split 12/8/99 Troy,NY--MapInfo Corporation (Nasdaq: MAPS- news) today announced that the Board of Directors has declared a three-for-two stock split. The split will be effected in the form of a stock dividend which will entitle each shareholder of record to one additional share for every two shares held at the close of business on December 20, 1999, (the ``Record Date''). The Company will pay cash in lieu of fractional shares based on the closing price of the Company's Common Stock on the Record Date. There are approximately 5.8 million shares of MapInfo Common Stock outstanding which will increase to approximately 8.7 million shares following the stock split. The Company will issue the additional shares and make the required cash payments on January 10, 2000. ---------------------------------------------------------------------- To unsubscribe from this list, send e-mail to [EMAIL PROTECTED] and put "unsubscribe MAPINFO-L" in the message body, or contact [EMAIL PROTECTED]
