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COMPUTER TASK GROUP ANNOUNCES FIRST QUARTER RESULTS

 COMPUTER TASK GROUP ANNOUNCES FIRST QUARTER RESULTS
 BUFFALO, N.Y., April 15 /PRNewswire/ -- Computer Task Group,


Incorporated (NYSE: TSK) (CTG), today released its first quarter results for the period ended March 31, 1992.
 For the three months ended March 31, 1992, revenues were $75.5 million, an increase of seven percent over 1991's level and operating income was $3.2 million, both record levels for the company. Earnings per share (EPS) were $0.17 versus $0.21 for 1991. EPS were down due to a combination of several factors: higher interest expense; a higher tax provision in 1992 (45.5 percent versus 41 percent in 1991); and a seven-percent increase in the number of shares outstanding versus 1991, primarily due to Employee Stock Plan purchases.
 In discussing the results, David N. Campbell, Chairman and Chief Executive Officer, stated, "Business results have improved over the past several quarters due to a continuing focus on cost control, plus some revenue growth. Operations in the Northeast improved substantially as did the data center migrations practice and our communications consulting businesses." He continued, "Overall external business conditions have not improved substantially as our current backlogs and hiring for new engagements are lower than we would like. Our return to satisfactory results would be greatly assisted by a rise in the overall economy."
 CTG is an international consulting, systems integration and professional services firm. Founded in 1966, CTG is listed on the New York Stock Exchange and the Amsterdam Stock Exchange under the symbol TSK. CTG serves more than 70 of the Fortune 100 with a staff of more than 4,000 through a network of 67 locations in seven countries.
 COMPUTER TASK GROUP, INCORPORATED
 Consolidated Statement of Income
 (unaudited, amounts in thousands except per share data)
 For the Three Months
 Ended March 31,
 1992 1991
 Revenue $75,521 $70,703
 Operating Costs & Expenses 65,472 60,916
 Selling, General & Admin. 6,832 6,576
 Operating Income 3,217 3,211
 4.3 pct 4.5 pct
 Net Interest & Other Expense 162 11
 Income Before Income Taxes 3,055 3,200
 4.0 pct 4.5 pct
 Provision For Income Taxes 1,390 1,312
 Net Income $ 1,665 $ 1,888
 2.2 pct 2.7 pct
 Net Income Per Share (EPS) $ 0.17 $ 0.21
 Average Shares Outstanding 9,852 9,168
 COMPUTER TASK GROUP, INCORPORATED
 Consolidated Balance Sheet
 March 31, 1992
 (unaudited, amounts in thousands except per share data)
 Current Assets: Current Liabilities:
 Cash and Marketable $ 11,778 Short-Term Debt $2,278
 Securities
 Accounts Receivable 56,720 Accounts Payable 7,450
 Other Current Assets 5,840 Other Current Liab. 21,515
 Total Current Assets 74,338 Total Current Liab. 31,243
 Long-Term Debt 14,553
 Deferred Income Taxes 2,024
 Property & Equip., Net 21,012 Other Liabilities 4,821
 Other Assets 45,368 Shareholders' Equity 88,077
 Total Liabilities and
 Total Assets $140,718 Shareholders' Equity $140,178
 Net Book Value Per Share $8.96
 -0- 4/15/92
 /CONTACT: Samuel D. Horgan, vice president-finance and chief financial officer, 716-887-7310; or Joanne Starr, manager, marketing communications, 716-887-7276; both of Computer Task Group/
 (TSK) CO: Computer Task Group ST: New York IN: CPR SU: ERN


KK -- CL002 -- 8483 04/15/92 08:03 EDT
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Date:Apr 15, 1992
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