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KRUG INTERNATIONAL ANNOUNCES 20 PERCENT INCREASE IN NET EARNINGS FOR FIRST SIX MONTHS OF FISCAL 1993

 KRUG INTERNATIONAL ANNOUNCES 20 PERCENT INCREASE IN NET
 EARNINGS FOR FIRST SIX MONTHS OF FISCAL 1993
 DAYTON, Ohio, Nov. 9 /PRNewswire/ -- KRUG International (NASDAQ: KRUG) today announced fiscal 1993 results for the second quarter and six month period ended Sept. 30, 1992. Revenues for the second quarter were $26.9 million, an increase of 12 percent from the $23.9 million recorded in the second quarter last year. For the six months, revenues were $51.3 million, an increase of 10 percent from the $46.7 million recorded in the corresponding period last year.
 For the second quarter, net earnings were $647,000, or $.16 per share, compared to $439,000, or $.11 per share, for the same period last year. For the six months, net earnings were $1,257,000, or $.31 per share, compared to $1,050,000, or $.25 per share, for the same period last year.
 Revenues and net earnings for the second quarter and six-month period increased from those in the same periods last year due to an increase in sales volume in the corporation's housewares and leisure marine businesses in the United Kingdom.
 Through its three businesses -- Aerospace Services in the U.S., Leisure Marine Distribution and Housewares Manufacturing in the U.K. -- KRUG International provides government, industry and consumers with a wide variety of products and services.
 In the U.S., the Aerospace business has been providing technical and professional services to NASA and the Department of Defense for more than 30 years in life sciences research, laboratory operations and biotechnology development. Included in Aerospace is the Alpha Net Division, a network communications company that designs, installs and maintains local and wide area networks for data, voice and video communications with emphasis on fiber optics.
 In the U.K., KRUG International manufactures housewares and garden products and distributes leisure marine equipment.
 KRUG International common shares are traded on the NASDAQ National Market System, symbol KRUG; Wall Street Journal OTC National Market issue, symbol KRUG.
 Amounts in $000s, except share and per share amounts
 Three Months Ended September 30, 1992 1991
 Revenues $26,908 $23,927
 Net Earnings $ 647 $ 439
 Net Earnings Per Share $ .16 $ .11
 Average Common and Common
 Equivalent Shares Outstanding 4,121,525 4,117,555
 Six Months Ended September 30, 1992 1991
 Revenues $51,328 $46,657
 Earnings Before Cumulative Effect
 of Change in Accounting Principle $1,257 $ 921
 Cumulative Effect of Change in
 Accounting Principle --- $ 129
 Net Earnings $1,257 $ 1,050
 Earnings Per Share Before Cumulative
 Effect of Change in Accounting
 Principle $ .31 $ .22
 Net Earnings Per Share $ .31 $ .25
 Average Common and Common
 Equivalent Shares Outstanding 4,120,497 4,120,716
 -0- 11/9/92
 /CONTACT: Ellen H. Geron, director-corporate communications of KRUG International, 513-224-9066/
 (KRUG) CO: KRUG International ST: Ohio IN: ARO HOU SU: ERN


KK -- CL003 -- 8553 11/09/92 09:21 EST
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Date:Nov 9, 1992
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