Class Action Filed Against Starnet Communications International, Inc. By Bernstein Litowitz Berger & Grossmann LLP.

NEW YORK--(BUSINESS WIRE)--Oct. 15, 1999--

The following is an announcement by the law firm of Bernstein Litowitz Berger & Grossmann LLP

Pursuant to 15 U.S.C. 78u-4(a)(3)(A)(I), Bernstein Litowitz Berger & Grossmann LLP hereby gives notice that on October 15, 1999, a class action lawsuit was filed in the United States District Court for the District of Delaware on behalf of purchasers of the common stock of Starnet Communications International, Inc. (NASD Over- the-Counter Bulletin Board:SNMM) ("Starnet" or the "Company"), from March 11, 1999 through August 20, 1999, inclusive (the "Class Period").

If you wish to discuss this action or have any questions concerning this notice or your rights or interests in connection therewith, please contact Robert S. Gans or Gerald Silk of Bernstein Litowitz Berger & Grossmann LLP at [phone] or [phone] or by E-mail: [e-mail].

The complaint charges Starnet, and certain of its officers and directors, with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as SEC Rule 10b-5 promulgated thereunder. Specifically, the complaint alleges that, during the Class Period, Starnet issued materially false and misleading statements concerning the nature of the Company's business, and concealed potential liabilities stemming from its operations. While issuing these materially false and misleading statements, several top officers and directors of the Company sold thousands of shares of Starnet common stock to the public, reaping millions of dollars in proceeds from these sales while in possession of material adverse, undisclosed information. Following the disclosure of the true status of the Company's business, the price of Starnet common stock plummeted by approximately 69% from its closing price of $13 1/8 per share on August 19, to close at $4 1/16 per share on August 20.

Plaintiff is represented by the law firm of Bernstein Litowitz Berger & Grossmann LLP ("Bernstein Litowitz"). Bernstein Litowitz has extensive experience in prosecuting class actions nationwide on behalf of defrauded investors. The firm currently plays a leading role in numerous major securities and complex commercial litigations pending in federal and state courts.

If you are a member of the Class described above, you may, not later than 60 days from the date of this notice, move the Court to serve as lead plaintiff for the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements. If you wish detailed information about the firm or have any questions concerning your rights or interests in this case, please visit our website at http://www.blbglaw.com.