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U.S. PAWN ANNOUNCES CLASS B WARRANT EXERCISE

 U.S. PAWN ANNOUNCES CLASS B WARRANT EXERCISE
 DENVER, March 23 /PRNewswire/ -- U.S. Pawn Inc. (NASDAQ: USPN)


announced today that the Securities and Exchange Commission had declared Post-Effective Amendment Number 1 to its Registration Statement on Form S-1 covering 1,924,430 Class B Common Stock Warrants ("Class B Warrants") to be effective as of March 11, 1992. Accordingly, the Class B Warrants are immediately exercisable.
 The company also announced that it had extended the exercise period of its Class B Warrants from April 12, 1992 to April 24, 1992. The exercise period of the Class B Warrants will not be extended beyond that date.
 -0- 3/23/92
 /CONTACT: Fred Baker of U.S. Pawn, 303-571-4704; or Harvey Cohen or Cary Polevoy of Phenix Investor Relations, 800-383-9081 or 303-770-0080, for U.S. Pawn/
 (USPN) CO: U.S. Pawn Inc. ST: Colorado IN: SU:


BB -- DV005 -- 0700 03/23/92 15:35 EST
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Publication:PR Newswire
Date:Mar 23, 1992
Words:154
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