Sunbeam announces five new international distribution agreements.

DELRAY BEACH, Fla.--(BUSINESS WIRE)--June 25, 1997--Sunbeam Corporation (NYSE:SOC) announced the completion of five additional international distribution/marketing agreements signed during the second quarter of 1997. Four of the agreements announced today provide the Company with expanded access to the United Kingdom and Europe for Sunbeam gas grills and to Paraguay and Brazil for Oster branded hair clippers. Additionally, Sunbeam and Promesa - the leading corn meal producer in Venezuela - have entered into a joint marketing program for the Company's new Oster Arepamaker.

This brings the total number of new international agreements signed to 21 since Mr. Dunlap became Chairman and Chief Executive Officer in July 1996. Mr. Dunlap stated, "Our strategy is to triple the Company's international sales, to approximately $600 million by 1999, through the successful geographic expansion of our products in three key target markets, (1) Latin & South America, (2) Asia and (3) Europe". Mr. Dunlap added, "We expect geographic expansion through new distributors will contribute up to 45% of our three year international growth goal and the 21 agreements already completed will contribute nearly 25% toward that same goal."

Dixon Thayer, Vice President of International Operations commented, "The 21 agreements represent continued penetration into our target markets with some of the best business partners". Mr. Thayer continued, "We carefully selected partners who are capable of helping us develop consumer demand for our brands and partners who have excellent reputations in the countries where they conduct business." The agreements have encompassed both distribution of current products and licensing of the Company's brands, primarily Oster, to products like refrigerators, gas stoves and microwave ovens.

Sunbeam has completed new agreements in Australia, with Oster Products Australia, in Brazil with Technologia (Chamfil), in Chile with Sociedad Distribuidora, in Columbia with Milhem Continente S.A., in Europe with ICNA, in France with SAREF, in Hong Kong with Dah Chong Hong, in Italy with Sandrigarden, in Korea with Puretech, in Peru, Columbia and Ecuador with the Carsa Group, in Paraguay with SAFADI Imports and Jair Corporation, in the Philippines with Focus Enterprises, in South Africa with Nu-World Industries, in Taiwan with Overseas Electronics, in Thailand with Armin Systems, in the United Kingdom with John Perkins and in Venezuela with Promesa.

Sunbeam Corporation is a leading consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of brand name products. The Company's Sunbeam and Oster brands have been household names for generations, both domestically and abroad, and the Company is a market leader in many of its product categories.

CONTACT: Sunbeam Corporation

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