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ROCKEFELLER CENTER PROPERTIES ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST QUARTER ENDED MARCH 31, 1992

 ROCKEFELLER CENTER PROPERTIES ANNOUNCES RESULTS OF
 OPERATIONS FOR THE FIRST QUARTER ENDED MARCH 31, 1992
 NEW YORK, April 27 /PRNewswire/ -- Rockefeller Center Properties, Inc. (NYSE: RCP) (RCPI) announced today net income for the first quarter of 1992 of $12,267,000, or 33 cents per share, on revenues of $30,640,000. For the same period in 1991, the company reported net income of $9,569,000, or 26 cents per share, on revenues of $30,676,000. The results for the 1992 first quarter include as extraordinary gain of $2,537,000, or 7 cents per share, resulting from the repurchase of convertible debentures at a discount under carrying value.
 ROCKEFELLER CENTER PROPERTIES, INC.
 Quarter ended March 31 1992 1991
 Revenues $30,640,000 $30,676,000
 Income before extraordinary item 9,730,000 9,531,000
 Extraordinary gain 2,537,000 38,000
 Net income 12,267,000 9,569,000
 Income per share before
 extraordinary item $.26 $.26
 Extraordinary gain per share $.07 --
 Net income per share $.33 $.26
 Per share earnings are based on 37,510,000 shares of common stock outstanding.
 -0- 4/27/92
 /CONTACT: Stephanie Leggett Young of RCPI, 212-841-7760/
 (RCP) CO: Rockefeller Center Properties Inc. ST: New York IN: FIN SU: ERN


SH-SM -- NY048 -- 3076 04/27/92 11:15 EDT
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Publication:PR Newswire
Date:Apr 27, 1992
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