Allaire Proposes a Two-For-One Stock Split

Allaire Corporation announced that its Board of Directors has approved a two-for-one split of the Company's outstanding shares of common stock. (This is subject to the stockholders increasing the authorized shares at a special meeting of stockholders scheduled for March 13, 2000.) The stock split will be effected in the form of a stock dividend and will entitle each stockholder of record at the close of business on February 15, 2000 to receive one share for every outstanding share of common stock held on the record date. The expected pay out date is March 14, 2000, with Allaire common stock anticipated to start trading on a split-adjusted basis on March 15, 2000.

Allaire Press Release
Individual.com Article: "SplitTrader.com Announces Investment Opinion on Allaire Corporation"
VarBusiness.com Article: "Allaire Stock Soars, Splits on Earnings Report"

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