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FLEMING REPORTS ONE-TIME INCOME, CHARGES

 OKLAHOMA CITY, June 22 /PRNewswire/ -- Fleming Companies (NYSE: FLM) reported today that several non-recurring items will affect its second quarter results in 1993. The net effect of these various unrelated matters will be to increase pretax income by approximately $1.5 million. The quarter ends on July 10 and the company expects to report its results on July 28.
 The company announced that it will record pretax income of $10 million resulting from cash received in the favorable resolution of a litigation matter and accrual for charges in other legal proceedings.
 The company also announced that it plans to close one additional facility under its facilities consolidation program, resulting in a pretax charge of $6.5 million. A similar pretax charge of $67 million was recorded in 1991, and four former operating divisions of the company have been closed under this program to date. The company is not yet prepared to disclose which one of its facilities will be affected by this latest decision.
 In addition the company announced that its ultimate liability for lease obligations arising from the bankruptcy of Herman's Sporting Goods can now be estimated, and it will record a pretax charge of $2 million for this purpose. As previously disclosed, the company is contingently liable for future lease payments on certain stores operated by the retailer, but until now has been unable to estimate its likely ultimate exposure.
 Fleming provides food, food-related products, and retail services to more than 4,800 retail stores in 36 states.
 -0- 6/22/93
 /CONTACT: Ron Frost, director of corporate communications of Fleming Companies, Inc., 405-841-8125/
 (FLM)


CO: Fleming Companies, Inc. ST: Oklahoma IN: REA SU:

LR-OS -- NY036 -- 4579 06/22/93 12:38 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
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