Corporate Profile for Conrad Industries, dated August 7, 1998.

--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   August 7, 1998

Company Name:     Conrad Industries, Inc.

Address:          1501 Front Street
                  P.O. Box 790
                  Morgan City, LA  70381

Main Telephone
 Number:          504/384-3060

Internet Home
 Page Address
  (URL):          www.conradindustries.com

Chief Executive
 Officer:         William H. Hidalgo

Chief Financial

 Officer:         Cecil A. Hernandez

Investor Relations

 Contact:
 Business number: 504/384-3060

Public Relations
 Contact:         Cecil A. Hernandez
 Business number: 504/384-3060

Trading Symbol/
 Exchange:        CNRD/NASDAQ

Industry:         Ship building

Market Makers:    Morgan Keegan, Raymond James

Company description:

Conrad Industries, Inc. specializes in the construction, conversion and repair of a wide variety of marine vessels for commercial and government customers and the fabrication of modular components of offshore drilling rigs and FPSO'S. The company fabricates components of offshore drilling rigs and FPSO'S, including sponsons, stability columns, blisters, pencil columns and other modular components. The company serves a variety of customers and markets, including the offshore oil and gas industry, other commercial markets and the U.S. government. Due to the Orange Acquisition, as well as increased demand for the company's products and services, Conrad's revenues grew from $10.5 million in 1993 to $35.9 million in 1997, including Orange, and EBITDA grew from $0.7 million in 1993 to $11.3 million in 1997. The company currently operates three shipyards located along the Gulf coast in Morgan City, Louisiana, Orange, Texas and Amelia, Louisiana. Conrad Industries, Inc., since its inception in 1948, has built over 650 vessels and completed over 21,000 conversion and repair jobs. In December 1997, Conrad Industries acquired Orange Shipbuilding who had been in operations since 1974.

  CONTACT:  Conrad Industries Inc.