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AMERICAN BUSINESS INFORMATION PUBLIC OFFERING OF COMMON STOCK

 AMERICAN BUSINESS INFORMATION PUBLIC OFFERING OF COMMON STOCK
 OMAHA, Neb., Aug. 28 /PRNewswire/ -- American Business Information, Inc. (NASDAQ-NMS: ABII) announced the filing of a Registration Statement with the Securities and Exchange Commission related to the proposed offering of 2,000,000 shares of common stock, all of which will be offered by certain current shareholders of the company. The underwriters have been granted an option to purchase up to 300,000 additional shares to cover over-allotments, if any. The company will not receive any proceeds from the offering and will not bear any expenses of the offering.
 The offering will be underwritten by Hambrecht & Quist Incorporated, The Robinson-Humphrey Company, Inc. and Piper Jaffray Inc. A copy of the preliminary prospectus can be obtained from the office of Hambrecht & Quist Incorporated at One Bush Street, San Francisco, Calif., 94104; The Robinson-Humphrey Company, Inc. at 3333 Peachtree Road, N.E., Atlanta Financial Center, Atlanta, Ga., 30326; or Piper Jaffray Inc., Piper Jaffray Tower, 222 South Ninth Street, Minneapolis, Minn., 55402.
 Omaha-based American Business Information is a leading provider of business-to-business marketing information which it supplies from its proprietary database containing information on approximately 10 million businesses in the United States and one million businesses in Canada.
 A Registration Statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
 -0- 8/28/92
 /CONTACT: Jon D. Hoffmaster of American Business Information, 402-593-4500; Hambrecht & Quist, 415-576-3300; Robinson-Humphrey Company, 404-266-6600; or Piper Jaffray, 612-342-6000/
 (ABII) CO: American Business Information, Inc. ST: Nebraska IN: SU: OFR


KH -- MN004 -- 4346 08/28/92 11:39 EDT
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Publication:PR Newswire
Date:Aug 28, 1992
Words:343
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