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ALCO INTERNATIONAL GROUP, INC. ANNOUNCES REQUEST FOR TENDER NEGOTIATIONS

 SAN DIEGO, Jan. 8 /PRNewswire/ -- Alco International Group, Inc. (NASDAQ: ALIG) ("Alco") today announced that its investment banker has received a letter from an international law firm that certain of the law firm's clients are interested in commencing formal negotiations for a friendly tender offer to acquire in excess of 80 percent of the company's outstanding common stock. The law firm, on behalf of its clients which the law firm claims are significant shareholders of the company, has requested a meeting with the company's management immediately, but no later than Feb. 1, 1993, to begin negotiations. The law firm has further indicated that its clients' intentions are to maintain present management substantially intact.
 The law firm did not disclose the identities of its clients, nor did it specify any proposed offering price or any other terms of a potential offer. Management intends to participate in discussions with the law firm and/or its clients; however, there can be no assurance that any such discussions will result in an offer being made, or that an offer will ever be made. Furthermore, if an offer is made, there is no assurance that it will be on terms deemed attractive by management.
 Alco, through its subsidiaries, operates two primary businesses which are the following: (i) The manufacturing and marketing of medical products for infection control and for women's health; and (ii) The transportation of containerized cargo from South Florida to the Caribbean.
 -0- 1/8/93
 /CONTACT: Linda Love of Alco International Group, 619-695-9555/
 (ALIG)


CO: Alco International Group, Inc. ST: Florida IN: HEA TRN SU: OFR

AW-JB -- FL001 -- 2959 01/08/93 09:40 EST
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Date:Jan 8, 1993
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