Bigmar announces initial public offering.

COLUMBUS, Ohio--(BUSINESS WIRE)--June 20, 1996--Bigmar, Inc. today announced that the Securities and Exchange Commission yesterday declared effective its Registration Statement for an initial public offering of 1,400,000 shares of Common Stock. The Common Stock has begun trading today on The Nasdaq SmallCap Market under the symbol BGMR and on The Boston Stock Exchange under the symbol BGM. The underwriters have a 45-day over-allotment option to purchase up to 210,000 additional shares of Common Stock from the Company.

The Common Stock was priced at $7.50 per share. Net proceeds to the Company of approximately $8.4 million will be used to acquire, test and/or manufacture oncological and biotechnological products; to repay debt; and for general corporate purposes, including working capital. LT Lawrence & Co., Inc. was the managing underwriter for the offering.

Bigmar, Inc. is currently engaged in manufacturing and marketing intravenous infusion solutions in Switzerland and Lichtenstein and marketing in Germany raw materials used to manufacture medications for the treatment of prostate enlargement and two generic oncological products, mercaptopurine and calcium leucovorin. Over the next 24 months, the Company's strategy is to manufacture, in its state-of-the-art facilities in Switzerland, and market generic oncological drugs. In addition, the Company is in the process of preparing to market certain licensed proprietary oncological and biotechnological products.

This announcement is neither an offer to sell nor a solicitation of an offer to buy any securities. Any such offer will be made only by means of a prospectus and only in those jurisdictions in which the making or acceptance thereof would be in compliance with the securities and Blue Sky laws of such jurisdictions. A written prospectus relating to the securities may be obtained from LT Lawrence & Co., Inc., 3 New York Plaza, New York, New York 10004 (212-361-6000).

CONTACT: Bigmar, Inc.

Gerald Sweeney, CFO

[phone]

-or-

Bigmar's Investor Relations Counsel

The Equity Group, Inc.

Tamara Ehlin

[phone]