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JOHNSON PRODUCTS RESPONDS TO RUMORS REGARDING ACQUISITION

 CHICAGO, Feb. 15 /PRNewswire/ -- Johnson Products Co., Inc. (AMEX: JPC) responded today to published rumors that the company is for sale. The company reported that it has no undisclosed intentions relating to being acquired and it is not seeking to be acquired.
 Joan B. Johnson, chairman and chief executive officer, said, "It is the company's policy to not dignify these rumors with a response, however, certain people have given credence to these rumors by making their own public statements. We should have anticipated others would try to discredit our hard work and efforts." Mrs. Johnson further stated, "As an African-American woman running a public company, I accept the fact that we are visible. I would prefer that our accomplishments be recognized."
 Johnson Products is a publicly traded company listed on the American Stock Exchange under the trading symbol "JPC."
 -0- 2/15/93
 /CONTACT: Thomas P. Polke, vice president-finance of Johnson Products Co., Inc., 312-483-4100/
 (JPC)


CO: Johnson Products Co., Inc. ST: Illinois IN: HOU SU:

TS -- NY024 -- 6571 02/15/93 14:47 EST
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Publication:PR Newswire
Date:Feb 15, 1993
Words:175
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