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AJAY EXTENDS WARRANTS

 DELAVAN, Wis., Oct. 27 /PRNewswire/ -- Ajay Sports, Inc. ("Ajay") (NASDAQ: AJAY) announced today that it has extended the exercise term of its Common Stock Purchase Warrants, set to expire on Nov. 9, 1993, for a period of six months. Accordingly, after a post-effective amendment to the company's Registration Statement has been filed and is declared effective, each Common Stock Purchase Warrant is exercisable at $1 per share until 5 p.m. Mountain Time on May 9, 1994. The company will announce when its post-effective amendment becomes effective.
 Ajay Sports, Inc., through its 100-percent wholly owned subsidiary, Ajay Leisure Products, Inc., is one of the largest distributors of golf accessories as well as one of the nation's largest manufacturers of retail golf bags.
 -0- 10/27/93
 /CONTACT: Dennis L. Carnes, chief financial officer of Ajay Sports, 414-728-5521/
 (AJAY)


CO: Ajay Sports, Inc. ST: Wisconsin IN: SU:

JG-TO -- DE024 -- 7466 10/27/93 15:57 EDT
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Publication:PR Newswire
Date:Oct 27, 1993
Words:155
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