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AUDIO KING CORPORATION ANNOUNCES NEW LEASES FOR ITS BURNSVILLE AND MINNETONKA STORES

 AUDIO KING CORPORATION ANNOUNCES NEW LEASES
 FOR ITS BURNSVILLE AND MINNETONKA STORES
 MINNEAPOLIS, Sept. 15 /PRNewswire/ -- Audio King Corporation (NASDAQ: AUDK) today announced the signing of new leases for its Burnsville, Minn., and Minnetonka, Minn., stores.
 The Burnsville store will expand at its current location from its existing 5,000 square-foot facility to a 10,000 square-foot facility with selling area growing to over double its present size. Construction on the Burnsville project began Sept. 1, and will be concluded by the end of October.
 The Minnetonka lease will be in the new Sportsmart Plaza Shopping Center located at the northwest corner of Ridgedale Drive and I-394. The new Audio King store will open in this location in the spring of 1993. At 15,000 square feet, it will be the largest store in the Audio King chain and will increase Audio King's presence in the Minnetonka area by approximately fivefold, as its present Minnetonka store is only 3,000 square feet.
 The company has expanded these stores as part of its promoting specialist strategy, which combines increased advertising and a wide selection of popularly prices consumer electronics and home and car products in a store that provides state-of-the-art demonstration facilities. With the completion of these stores, the company will have converted six of its nine stores to this new prototype.
 "We are very encouraged by the results we have been able to achieve with our newly expanded prototype, and we are confident that these two stores will provide new levels of exciting innovative customer service for these marketplaces and continuing sales growth for Audio King," said Gary Thorne, president and chief executive officer.
 Audio King Corporation is a holding company formed in 1985 for the purpose of operating specialty consumer electronics stores. The company's only operating subsidiary is Audio King, Inc., which was acquired in September 1986. Audio King operates eight stores in Minnesota and one in South Dakota.
 -0- 9/15/92
 /CONTACT: Gary Thorne, president and chief executive officer, or Randel Carlock, chairman, both of Audio King, 612-920-0505/
 (AUDK) CO: Audio King Corporation ST: Minnesota IN: REA SU:


KH -- MN011 -- 9802 09/15/92 16:47 EDT
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Date:Sep 15, 1992
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