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PERFUMANIA ANNOUNCES UNDERWRITERS' EXERCISE OF OVER-ALLOTMENT OPTION

PERFUMANIA ANNOUNCES UNDERWRITERS' EXERCISE OF OVER-ALLOTMENT OPTION
 MIAMI, May 5 /PRNewswire/ -- Perfumania, Inc. (NASDAQ-NMS: PRFM) today announced that the underwriters of the recent public offering of its common stock exercised their over-allotment option to purchase an additional 200,000 shares of its common stock at $19.50 per share. Dean Witter Reynolds Inc., William Blair & Company and Josephthal Lyon & Ross Inc. managed the underwriting group for the offering.
 Perfumania is a leading specialty retailer and wholesale distributor of a wide range of brand name and designer perfumes and related products. The company's retail division has 72 retail stores in the United States and its wholesale division distributes perfumes and related products throughout North America and overseas.
 -0- 5/5/92
 /CONTACT: Ilia Lekach, chief executive officer of Perfumania, 305-371-2448/
 (PRFM) CO: Perfumania, Inc. ST: Florida IN: REA SU:


JJ-JB -- FL012 -- 6679 05/05/92 15:05 EDT
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Publication:PR Newswire
Date:May 5, 1992
Words:147
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