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DETROIT-BASED CATTLEMAN'S JOINS NASDAQ STOCK MARKET

 DETROIT, Nov. 29 /PRNewswire/ -- Cattleman's Inc. of Detroit (CTLO) today reported that it has been accepted for listing on the NASDAQ stock market.
 David S. Rohtbart, the company's president and chief executive officer, said the NASDAQ listing is another "important strategic step in keeping with the company's long-term objectives."
 "Obviously, we are proud to be listed on the NASDAQ," said Rohtbart. "The implications of such a move are extensive."
 "We are glad to make access to Cattleman's securities more convenient for investors who wish to join in our expansion opportunities."
 Cattleman's was formerly listed on the OTC Electronic Bulletin Board. The company operates five fresh food outlets, selling primarily fresh fruit, meat and vegetables. The company's wholesale division processes fresh beef which is marketed through distributors.
 In fiscal 1993, Cattleman's reported sales exceeding $134 million. The company merged with Oak Farms Fruit Markets in August 1993 and recently opened an outlet in Farmington.
 -0- 11/29/93
 /CONTACT: Matthew Martin, chief financial officer of Cattleman's, 313-833-2700/
 (CTLO)


CO: Cattleman's Inc. ST: Michigan IN: FOD SU:

SB -- DE006 -- 8157 11/29/93 09:25 EST
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Publication:PR Newswire
Date:Nov 29, 1993
Words:184
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