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ANNUAL MEETING OF KINARK STOCKHOLDERS

 TULSA, Okla., Jan. 29 /PRNewswire/ -- Kinark Cororation (AMEX: KIN) announced today that its regular annual meeting of stockholders will be held Wednesday, May 12, 1993 in Tulsa.
 Under the company's bylaws, stockholders desiring to nominate a director or propose business at the annual meeting must give timely notice in writing to the company's secretary. The names of nominees for diretors and a description of any business proposed to be conducted at the meeting, along with certain additional information must be submitted in sriting to the compay. To be timely, a stockholder's notice shall be delivered to, or mailed and received at the principal executive offices of the company no sooner than Feb. 11, 1993 and no later than March 13, 1993. All such submissions and any inquiries regarding the required information shall be directed to the attention of the corporate secretary.
 Attached is a schedule showing the stock holdings of Kinark's directors.
 Kinark Corporation, with corporate headquarters in Tulsa, operates chemical facilities in Chicago and Montgomery, Ala., and supports industrial/commercial construction and metals corrosion protection with galvanizing plants in Denver, Louisville, Nashville, St. Louis, Houston and Hurst, Texas.
 Amount of Percentage of
 Name of Director Kinark Stock Outstanding Stock
 Garry Brainin 642,612(A)(B) 15.5
 Paul R. Chastain 55,977(D) 1.4
 George B. Collins 442,612(A)(C) 11.2
 John F. Guy 442,612(A)(C) 11.2
 John H. Haley 1,000 --
 Ivan Himmel 5,800(E) 0.1
 Harry D. Jones 22,600(F) 0.6
 All directors as
 a group (7 persons) 727,989 17.3
 (A) -- Of the shown shares, 442,612 are owned of record by Altair Corporation. As a result of their positions with Altair and its affiliates, Messrs. Brainin, Collins and Guy may be deemed to be the beneficial owners of these shares, but each disclaims beneficial ownership of such shares. Information based on Schedule 13D of Altair filed with the Securities and Exchange Commission (the SEC). Altair's business address is 350 Barclay Boulevard, Lincolnshire, Ill. 60069.
 (B) -- Includes 200,000 shares which are subject to purchase within 60 days after Jan. 29, 1993, upon exercise of stock options by Mr. Brainin at an exercise price of $5.5625 per share.
 (C) -- Excludes the 200,000 shares which are subject to Mr. Brainin's stock option described in (B) above.
 (D) -- Mr. Chastain holds stock options, exercisable within 60 days after Jan. 29, 1993 to acquire 45,000 shares.
 (E) -- Information based on Schedule 13D of Maritime Partners, Maritime Construction Co., and Epstein Financial Corporation filed with the SEC. According to their Schedule 13D, these entities share voting and investment power with respect to these shares. Mr. Himmel is president, chief executive officer and a director of Maritime Construction Co.
 (F) -- Mr. Jones holds stock options, exercisable within 60 days after Jan. 29, 1993, to acquire 5,000 shares.
 -0- 1/29/93
 /CONTACT: Carolyn A. Fredrich of Kinark Corporation, 918-494-0964/
 (KIN)


CO: Kinark Corporation ST: Oklahoma IN: CHM SU:

TS-WB -- NY052 -- 0789 01/29/93 13:14 EST
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Date:Jan 29, 1993
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