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MERISEL ANNOUNCES SECONDARY STOCK OFFERING

 MERISEL ANNOUNCES SECONDARY STOCK OFFERING
 EL SEGUNDO, Calif., Feb. 18 /PRNewswire/ -- Merisel, Inc.


(NASDAQ: MSEL) today announced that it has filed a registration statement with the Securities and Exchange Commission covering the proposed public offering of 4,850,000 shares of common stock. Of the shares being offered, 4 million shares are being issued and sold by the company, and 850,000 shares are being sold by selling shareholders. In addition, the underwriting group has been granted an overallotment option by the company to purchase an additional 600,000 shares. Net proceeds to the company will be used to reduce short-term bank borrowings.
 The Robinson-Humphrey Company, Inc., Dillon, Read & Co., and Lehman Brothers will manage the underwriting group. Copies of the prospectus relating to the offering may be obtained from any of the managers.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Merisel is one of the largest distributors of microcomputer products to computer resellers worldwide. The company presently stocks over 10,000 products for more than 700 hardware and software manufacturers for sale to 50,000 resellers. International operations consist of eight wholly owned subsidiaries serving resellers in Canada, Europe, Latin America and the Caribbean, and Australia, in addition to a joint venture in Russia.
 -0- 2/18/92
 /CONTACT: James Brill, chief financial officer of Merisel, 213-615-1259, or 213-615-1230/
 (MSEL) CO: Merisel, Inc. ST: California IN: CPR SU: OFR


SH-TS -- NY005 -- 9753 02/18/92 09:01 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Feb 18, 1992
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