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LUND INTERNATIONAL HOLDINGS, INC. ANNOUNCES SALES AND EARNINGS FOR THE FOURTH QUARTER, JUNE 30, 1993

 MINNEAPOLIS, Aug. 16 /PRNewswire/ -- Lund International Holdings, Inc. (NASDAQ: LUND) announced net sales for the fourth quarter of $8,143,604, compared to $4,822,240 for the same period last year. Net sales for the years ended June 30, 1993 and 1992 were $26,125,011 and $16,524,317 respectively. Net income for the year ended June 30, 1993 was $3,930,746, or 90 cents per share, compared to $2,002,126, or 47 cents per share, for 1992.
 The increase in net sales for the year resulted primarily from an expansion of Lund's product line in addition to the increased popularity of light trucks and vans.
 The increase in net income for the year resulted primarily from a larger sales base, stable gross profit margins and an emphasis on cost control measures.
 Lund International Holdings, Inc. and subsidiaries are manufacturers of aftermarket accessories for trucks, vans and sport utility vehicles. Its product lines are marketed through automotive warehouse distributors throughout the United States and Canada.
 The company is headquartered at 9055 Evergreen Boulevard, Minneapolis, Minn. 55433.
 LUND INTERNATIONAL HOLDINGS, INC.
 Comparative Condensed Financial Information
 Quarter Year
 Periods ended
 June 30 1993 1992 1993 1992
 Net sales $ 8,143,604 $ 4,822,240 $ 26,125,011 $16,524,317
 Percentage change 68.9 -- 58.1 --
 Income before
 taxes 2,094,776 1,053,282 6,025,674 3,204,254
 Income taxes 618,340 413,450 2,094,928 1,202,128
 Net income 1,476,436 639,832 3,930,746 2,002,126
 Percentage change 130.8 -- 96.3 --
 Net/share .34 .15 .90 .47
 -0- 8/16/93
 /CONTACT: Russell E. Stubbings of Lund International Holdings, 612-780-2520/
 (LUND)


CO: Lund International Holdings, Inc. ST: Minnesota IN: AUT SU: ERN

TM-WB -- NY100 -- 3297 08/16/93 17:47 EDT
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Publication:PR Newswire
Date:Aug 16, 1993
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