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CASH AMERICA ANNOUNCES RECORD 1991 EARNINGS AND QUARTERLY DIVIDEND

 CASH AMERICA ANNOUNCES RECORD 1991 EARNINGS AND QUARTERLY DIVIDEND
 FORT WORTH, Texas, Feb. 3 /PRNewswire/ -- Daniel R. Feehan, president of Cash America Investments, Inc. (NYSE: PWN), the nation's largest operator of pawnshops reported record operating results for the fourth quarter in year ended Dec. 31, 1991 and announced the company's 12th consecutive quarterly dividend. The 1991 revenues, earnings and earnings per share are the highest annual figures reported in the company's history.
 Revenues for 1991 totalled $138,001,000, a 19 percent increase over 1990, while net earnings increased 26 percent to $10,906,000 and earnings per share rose 24 percent to $.89 per share. Net earnings for the year include earnings of $469,000 ($.04 per share) from the sale of securities and an extraordinary gain of $393,000 ($.03 per share) from the utilization of a capital loss carryforward. The company ended 1991 with $137,693,000 of total assets and shareholders' equity of $100,099,000.
 Jack Daugherty, chairman and chief executive officer of Cash America, stated, "Our record results for 1991 clearly highlight the resiliency of the pawn industry during periods of economic turmoil. The company's cautious approach to loan and inventory growth in 1991 allowed the company to successfully balance its business volume in the face of heightened loan demand and a troubled retail environment."
 Feehan commented, "Cash America has successfully served the short term cash needs of our core customers while expanding the retail bargains available to those consumers seeking alternatives to the conventional retail markets."
 The quarterly cash dividend of $.02 per share was announced at the company's regular quarterly meeting of the board of directors. The dividend will be payable on Feb. 28, 1992 to shareholders of record as of the close of business on Feb. 14, 1992.
 Cash America has recently announced an agreement to acquire the pawnbroking assets of Harvey & Thompson which represent 26 pawnbroking locations in the United Kingdom. The company also announced intentions to finance this acquisition through the sale of 1,750,000 common shares in a public offering. Completion of both the acquisition and the offering is expected in February.
 Cash America operated 178 locations in eight states at the end of 1991.
 CASH AMERICA INVESTMENTS, INC.
 SUMMARY OF OPERATING RESULTS
 Fourth Quarter: 1991 1990
 Total revenues $ 43,627,000 $ 34,579,000
 Earnings:
 Operating income $ 3,191,000 $ 2,647,000
 Securities gain, net -- --
 Extraordinary item -- --
 Net income $ 3,191,000 $ 2,647,000
 Per Share-Primary/Fully Diluted:
 Operating income $.26 $.22
 Securities gain, net -- --
 Extraordinary item -- --
 Net income $.26 $.22
 Shares-primary (thousands) 12,287 12,056
 Shares-fully diluted (thousands) 12,325 12,138
 Year ended 12/31/91:
 Total revenues $138,001,000 $115,735,000
 Earnings:
 Operating income $ 10,044,000 $ 8,662,000
 Securities gain, net 469,000 --
 Extraordinary item 393,000 --
 Net income $ 10,906,000 $ 8,662,000
 Per Share-Primary:
 Operating income $.83 $.72
 Securities gain, net .04 --
 Extraordinary item .03 --
 Net income $.90 $.72
 Shares-primary (thousands) 12,159 12,101
 Per Share-Fully Diluted:
 Operating income $.82 $.72
 Securities gain, net .04 --
 Extraordinary item -.03 --
 Net income $.89 $.72
 Shares-fully diluted (thousands) 12,320 12,108
 SUMMARY BALANCE SHEET
 Dec. 31, 1991 1990
 Loans $ 28,990,000 $ 23,305,000
 Inventory 35,610,000 30,335,000
 Total assets 137,693,000 116,920,000
 Long-term debt 30,528,000 20,050,000
 Stockholders' equity 100,099,000 89,937,000
 Total locations 178 151
 -0- 2/3/92
 /CONTACT: Eugene M. Estep or Michele L. Rosenblum of Cash America Investments, 817-335-1100/
 (PWN) CO: Cash America Investments, Inc. ST: Texas IN: REA SU: ERN


JT -- NY062 -- 6200 02/03/92 12:34 EST
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Date:Feb 3, 1992
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