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TAMBRANDS REPORTS RECORD HIGH SALES AND EARNINGS

 TAMBRANDS REPORTS RECORD HIGH SALES AND EARNINGS
 WHITE PLAINS, N.Y., Oct. 22 /PRNewswire/ -- Tambrands Inc.


(NYSE: TMB) had record high sales and earnings in the third quarter and the first nine months of 1992, announced Martin F. C. Emmett, chairman and chief executive officer today.
 Net earnings for the quarter ended Sept. 30. 1992 were $33,567,000, an increase of 144 percent over third-quarter 1991 earnings of $13,757,000. Earnings per share increased to $0.85 in the third quarter of 1992, up 150 percent from earnings per share of $0.34 in the same period of 1991. Earnings per share increased at a higher rate than net earnings because Tambrands' stock buybacks reduced the number of shares outstanding. Net sales were $174,503,000, an increase of 15 percent over sales of $151,763,000 in the third quarter of 1991.
 Emmett said, "Our strategic plan is working. The restaging of Tampax tampons in the United States and Europe has improved our results substantially. As we predicted, the rescheduling of our U.S. promotional and marketing activities resulted in a strong third quarter, with unit shipments of Tampax tampons up over 22 percent. The comparison with last year's third-quarter earnings also benefited from the initial impact of the restaging of Tampax tampons in the United States last year."
 Emmett continued, "The difficult tasks of restructuring over the past three years are behind us, and we are now in a position to take the offensive. I feel very confident about our plans for the future. Our automation of production lines in Europe and the United States is on track. We are achieving good increases in earnings, while providing ample support to our marketing and education programs. And we continue to have the flexibility to make changes in package counts and pricing."
 Sales and earnings for the nine months ended Sept. 30, 1992 also reached record high levels. Net earnings increased to $91,310,000, 22 percent higher than earnings of $75,143,000 for the comparable period last year. Earnings per share increased to $2.29, up 26 percent from earnings per share of $1.82 for


the first nine months of 1991. Net sales were $518,801,000 for the nine months ended Sept. 30, 1992, an increase of 7 percent over net sales of $486,838,000 for the comparable period in 1991.
 Tambrands manufactures Tampax(R) tampons and markets them in over 135 countries around the world.
 A summary of consolidated operating results for the three months and nine months ended Sept. 30, 1992 is attached.
 TAMBRANDS INC.
 Consolidated Income Statement
 Periods ended Three months Nine months
 Sept. 30 1992 1991 Pct. 1992 1991 Pct.
 Change Change
 Net sales $174,503 $151,763 15 $518,801 $486,838 7
 Cost of products sold 58,231 60,986 (5) 174,060 183,705 (5)
 Gross profit 116,272 90,777 28 344,741 303,133 14
 Selling, administrative
 and general:
 Marketing, selling and
 distribution 43,898 52,578 (17) 149,080 139,861 7
 Administrative and
 general 15,470 17,156 (10) 48,183 46,883 3
 Total 59,368 69,734 (15) 197,263 186,744 6
 Operating income 56,904 21,043 170 147,478 116,389 27
 Interest, net & other (4,042) 623 -- (3,684) 1,947 --
 Earnings before taxes 52,862 21,666 144 143,794 118,336 22
 Provision for taxes 19,295 7,909 144 52,484 43,193 22
 Net earnings 33,567 13,757 144 91,310 75,143 22
 Net earnings per share 0.85 0.34 150 2.29 1.82 26
 Avg. shares outstanding 39,439 41,059 -- 39,823 41,297 --
 -0- 10/22/92
 /CONTACT: Paul E. Konney, senior vice president of Tambrands, 914-696-6688/
 (TMB) CO: Tambrands Inc. ST: New York IN: HOU SU: ERN


TS-LR -- NY059 -- 3522 10/22/92 11:34 EDT
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Date:Oct 22, 1992
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