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GOLDEN EAGLE LANDS LATIN AMERICAN IMPORTS

 MIAMI, July 7 /PRNewswire/ -- Golden Eagle Group, Inc. (NASDAQ: GEGP), a freight forwarder and customs broker, announced that it has been appointed the logistics and transportation arm of LATAM S.A., the distributor for General Electric and Thompson Consumer Electronics (RCA) for Peru.
 Carlos Macaluso, president of Golden Eagle, said that this award was a clear example of the benefits of its newly expanded network of agencies. "Our Peruvian agent, Golden Eagle del Peru, in combination with Mr. Santiago Aragon, was instrumental in landing this account." Macaluso said that he expected LATAM S.A. to generate about $900,000 in revenues on an annualized basis.
 Golden Eagle Group, Inc. through wholly owned subsidiaries, provides international ocean and air freight forwarding as well as transportation logistics and related services, principally for shipments from the U.S. to Central and South America and the Caribbean. The company is also a licensed customs broker.
 -0- 7/7/93
 /CONTACT: Gary Goldfarb, CEO of Golden Eagle Group, Inc., 305-888-1600, or Mark Cohen of Cameron Associates for Golden Eagle Group, Inc., 212-644-9560/
 (GEGP)


CO: Golden Eagle Group, Inc. ST: Florida IN: TRN SU:

SM-MG -- NY039 -- 9060 07/07/93 11:59 EDT
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Publication:PR Newswire
Date:Jul 7, 1993
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