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MARVEL PUBLISHES FIRST ANNUAL REPORT AS COMIC BOOK

 MARVEL PUBLISHES FIRST ANNUAL REPORT AS COMIC BOOK
 NEW YORK, May 20 /PRNewswire/ -- Bearing no resemblance to Wall


Street's more traditionally attired denizens, the spandex-clad Marvel Super Heroes forge their way into the world of high finance in the 1991 annual report of Marvel Entertainment Group, Inc. (NYSE: MRV), the largest publisher of comic books in North America.
 The colorful document, Marvel's first annual report as a publicly traded company, utilizes and ensemble cast of characters -- from classics like Spider-Man, the Incredible Hulk and Captain America to rising stars like Ghost Rider, Luke Cage and the New Warriors -- to tell shareholders about a year ended Dec. 31, 1991 in which net revenues climbed 42 percent to $115 million and net income grew 196 percent to $16 million or $0.67 per share.
 "We think this is a great way to demonstrated the excitement of comic books and to show shareholders how skillfully Marvel converts the mundane into the fantastic," stated Terry Stewart, Marvel president and chief operating officer. "Of course, we're delighted that we have such a strong financial story to tell, but we're just as pleased what we can deliver it in a style that is compelling and uniquely Marvel."
 On page one, Stewart warns shareholders, "You will find this annual report different from most. It isn't every day you see serious financial documents filled with wild costumed characters -- flying, leaping and crawling (yes, crawling!) across the page. But, then, this is Marvel -- The House of Ideas!"
 The annual report also gives shareholders an early look at the new "2099" series of comic books which Marvel plans to launch later this year, starring future versions of Spider-Man, Punisher and Dr. Doom and a totally new character, Ravage, written by Marvel mastermind Stan Lee. 2099 titles "will explore directions unthinkable for today's heroes," explained Spider-Man 2099.
 Stewart added that Marvel's growth has continued into 1992. For the first quarter ended March 31, 1992, Marvel reported net revenues increased 62 percent to $30.8 million and net income increase 222 percent to $5.0 million or $0.20 per share.
 For more information contact, Gary Fishman (financial) of the Hudson Stone Group, 212-226-8550, or Pamela Rutt (general) of Marvel Entertainment Group, Inc., 212-576-8535.
 -0- 5/20/92
 /CONTACT: Pamela Rutt of Marvel Entertainment Group, 212-576-8535/
 (MRV) CO: Marvel Entertainment Group, Inc. ST: New York IN: PUB SU: ERN


SM-LR -- NY007 -- 2230 05/20/92 10:00 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:May 20, 1992
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