The Director, Division of Taxation, appeals from a Tax Court judgment excluding from income apportionable to New Jersey for calculation of the corporation business tax, a capital gain earned by Mobil Oil Corporation on the sale of its shares in the Belridge Oil Company. We now affirm substantially for the reasons expressed by Judge Lasser in his opinion. Mobil Oil Corporation v. Director, Division of Taxation, 11 N.J.Tax 344 (Tax Ct. 1990).

Affirmed.