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SUNSHINE-JR. STORES, INC. HOLDS ANNUAL SHAREHOLDERS MEETING

 PANAMA CITY, Fla., Sept. 30 /PRNewswire/ -- Sunshine-Jr. Stores, Inc. (AMEX: SJS) announced that the annual meeting of shareholders of Sunshine-Jr. Stores, Inc. was held today at the company's corporate offices in Panama City, Fla. The appointment of Arthur Anderson and Company to conduct the 1993 audit of the company was ratified. The shareholders elected the following individuals as directors of the company to terms expiring in the year indicated:
 Joseph A. Pedoto 1994
 Ron M. Shouse 1994
 Paul W. Martin Jr. 1995
 Clyde M. King 1995
 Lana Jane Lewis-Brent 1996
 Chairman of the Board for SJS Paul Martin said, "We have made great progress in normalizing relations with our suppliers. Their confidence in the company is evidenced by the increasing amount of trade credit and the cooperation we have received from them in developing our reorganization plan. We have had two very positive meetings with representatives of the unsecured creditors committee since filing our plan of reorganization. We hope this process will lead to committee support for our plan."
 President and CEO for SJS, Ron Shouse, said, "I believe the shareholders will be pleased with the direction of the company. We continue to have positive trends in store sales and gasoline gallons. This performance is a tribute to the employees of this company, who have worked hard to turn this company around. We believe our same store sales for the third quarter will reflect an approximate increase of 4.5 percent in merchandise sales and an 8.6 percent increase in gasoline gallons sold, compared to 1992. In 1992, the company was operating approximately 285 stores as compared to 264 in 1993."
 Sunshine-Jr. Stores operates, as debtor-in-possession under Chapter 11 of the Bankruptcy Code, approximately 264 convenience stores located in Florida, Alabama, Mississippi, Georgia and Louisiana.
 -0- 9/30/93
 /CONTACT: Scott Coffman of Sunshine-Jr. Stores, 904-769-1661/
 (SJS)


CO: Sunshine-Jr. Stores, Inc. ST: Florida IN: REA SU:

AW-PC -- FL011 -- 7387 09/30/93 14:48 EDT
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Publication:PR Newswire
Date:Sep 30, 1993
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