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PRIME BANCSHARES REPORTS NOTIFICATION OF 13-D FILING

 PRIME BANCSHARES REPORTS NOTIFICATION OF 13-D FILING
 DECATUR, Ga., Dec. 16 /PRNewswire/ -- Prime Bancshares, Inc. (NASDAQ: PMBS) announced today that it received from Michael D. Shea a Schedule 13-D indicating that he has acquired beneficial ownership of 6.2 percent of the outstanding common stock of Prime Bancshares ("Prime").
 Shea is a native Atlantan and president of Shea Communications, a privately held printing firm headquartered in Atlanta. Shea has orders pending to purchase additional shares in the open market and may acquire other shares in the future.
 Darrell D. Pittard, president and chief executive officer of Prime stated, "We are pleased in the confidence shown in our company by Mike Shea through this investment and welcome Mike as a shareholder of Prime."
 The common stock of Prime is traded Over-the-Counter on the National Association of Securities Dealers Automated Quotation (NASDAQ) System under the symbol "PMBS."
 -0- 12/16/91
 /CONTACT: Dale E. Johnson, chief financial officer of Prime Bancshares, 404-377-0211/
 (PMBS) CO: Prime Bancshares, Inc. ST: Georgia IN: FIN SU:


BR-BN -- AT010 -- 2704 12/16/91 17:24 EST
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Publication:PR Newswire
Date:Dec 16, 1991
Words:179
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