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LESLIE'S ACQUIRES TWO FRANCHISE STORES

 LESLIE'S ACQUIRES TWO FRANCHISE STORES
 CHATSWORTH, Calif., Feb. 10 /PRNewswire/ -- Leslie's Poolmart


(NASDAQ: LESL) today announced that the company has purchased the only two franchise operations in its national network of 104 retail stores for an undisclosed amount of cash and notes.
 Located in Fresno, Calif., the two stores have a significant share of the market in the area. Both have been operating under the Leslie's Poolmart name since they were opened and franchised 17 years ago.
 Brian P. McDermott, Leslie's Poolmart president, said, "Our established policy is that our retail operations should be company-owned and managed. So we are pleased that these two successful facilities are now a direct part of the Leslie's family of stores."
 Founded in 1963, Leslie's Poolmart is the country's leading specialty retailer of swimming pool supplies and related products. The company currently markets its products through 104 retail stores in 23 states and a nationwide mail order catalog.
 -0- 2/10/92
 /CONTACT: Brian P. McDermott, president, or Hugh Pierce, CFO, of Leslie's Poolmart, 818-993-4212/
 (LESL) CO: Leslie's Poolmart ST: California IN: SU: TNM


KJ-JL -- LA012 -- 8134 02/10/92 09:05 EST
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Publication:PR Newswire
Date:Feb 10, 1992
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