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BEI HOLDINGS REPORTS 1991 OPERATING RESULTS

 BEI HOLDINGS REPORTS 1991 OPERATING RESULTS
 ATLANTA, Dec. 18 /PRNewswire/ -- BEI Holdings, Ltd.


(NASDAQ: BEIH) today reported operating results for the year ending Oct. 31, 1991.
 Total revenues were $40,736,000 for 1991 as compared to $37,468,000 for the fiscal year 1990. Income from continuing operations for 1991 was $3,342,000, or $.33 per share, compared to $1,946,000, or $.20 per share, for the prior year. Net income in 1990 of $4,961,000, or $.52 per share, included a one-time gain of $3,015,000, or $.32 per share, from the sale of a subsidiary.
 For the quarter ended Oct. 31, revenues were $9,884,000 compared to $9,370,000 for the foourth quarter of 1990. Net income was $504,000, or $.05 per share, for the fourth quarter of 1991 compared to $760,000, or $.08 per share, for the comparable period of 1990.
 BEI Holdings, Ltd. is a diversified consulting firm with offices throughout the United States providing services to the financial industry.
 BEI HOLDINGS LTD.
 AND SUBSIDIARIES
 Consolidated Statements of Operations
 3 mos. ended 10/31/91 10/31/90
 Revenues
 Consulting and management services $ 9,622,415 $ 8,385,216
 Real estate sales 261,972 985,217
 Total revenues 9,884,387 9,370,433
 Costs and expenses
 Costs of consulting operations 8,738,008 7,214,517
 Cost of real estate sales 176,032 870,476
 Selling, general and administrative 853,467 1,385,775
 Interest expense 20,299 49,855
 Other income, net (472,392) (958,848)
 Total costs and expenses 9,315,414 8,561,776
 Income from continuing operations
 before income taxes 568,973 808,657
 Provision for income taxes (65,000) (48,735)
 Income from continuing operations 503,973 759,922
 Net income 503,973 759,922
 Net income per share:
 Income from continuing operations $ .05 $ .08
 Income from discontinued operations --- ---
 Net income per share $ .05 $ .08
 Year ended 10/31/91 10/31/90
 Revenues
 Consulting and management services $38,392,839 $34,375,406
 Real estate sales 2,342,858 3,092,320
 Total revenues 40,735,697 37,467,726
 Costs and expenses
 Costs of consulting operations 32,949,645 29,878,339
 Cost of real estate sales 2,212,788 2,737,324
 Selling, general and administrative 3,423,322 4,273,341
 Interest expense 173,102 357,063
 Other income, net (1,586,174) (2,014,277)
 Total costs and expenses 37,172,683 35,231,790
 Income from continuing operations
 before income taxes 3,563,014 2,235,936
 Provision for income taxes (220,783) (289,737)
 Income from continuing operations 3,342,231 1,946,199
 Gain from discontinued operations -
 net of income taxes of $330,000
 in the 12 months ended Oct. 31, 1990 --- 3,014,998
 Net income 3,342,231 4,961,197
 Net income per share:
 Income from continuing operations $ .33 $ .20
 Income from discontinued operations --- .32
 Net income per share $ .33 $ .52
 -0- 12/18/91
 /CONTACT: Charles C. Ray Jr., chief financial officer of BEI Holdings, 404-315-6060/
 (BEIH) CO: BEI Holdings, Ltd. ST: Georgia IN: SU: ERN


BR-BN -- AT001 -- 3234 12/18/91 07:32 EST
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Date:Dec 18, 1991
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