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BEI HOLDINGS REPORTS 1992 OPERATING RESULTS

 ATLANTA, Feb. 3 /PRNewswire/ -- BEI Holdings, Ltd. (NASDAQ: BEIH) today reported revenues and earnings for the fiscal year ended Dec. 31, 1992.
 Revenues for 1992 totaled $47,220,000 compared to $38,716,000 for the comparable period in 1991. Net income from continuing operations for the year was $5,297,000, or $.50 per share, compared to income from continuing operations for 1991 of $2,142,000, or $.22 per share, excluding a one-time restructure charge to continuing operations of $6,854,000, or $.68 per share, and a loss from discontinued real estate development operations of $6,641,000, or $.66 per share. The total loss for 1991, including restructure charges, was $11,352,000, or $1.12 per share.
 For the quarter ended Dec. 31, 1992, revenues were $12,450,000, up from $8,709,000 for the same period in 1991. Net income was $1,314,000, or $.12 per share, for the fourth quarter of 1992 compared to an operating loss of $870,000, or $.08 per share in the fourth quarter of 1991. Additionally, a one-time restructure charge to continuing operations of $6,854,000, or $.66 per share, and a loss from discontinued real estate development operations of $6,328,000, or $.61 per share, in the period brought the fourth quarter loss to $14,051,000, or $1.36 per share.
 The fourth quarter of 1992 was highlighted by BEI's Real Estate division being awarded contracts by the RTC to manage and act as special advisor on an additional $1.5 billion of assets. With these contracts, BEI Real Estate Services continues to be one of the leading contractors for the RTC. BEI was also named asset manager of an additional $600 million in performing and non-performing loans by private investor groups. During the quarter, BEI continued to make progress growing its basic businesses through BEI Golembe's expansion of its European group and through EnterChange's acquisition of Schroeder, Flynn & Company. Furthermore, improved earnings and the continuing effort to liquefy its balance sheet have improved the company's liquidity.
 Gerald E. Eickhoff, president of BEI Holdings, Ltd., stated that based on these estimates..."We are pleased to have been able to achieve our corporate earnings objective for the year while continuing to solidify the foundation on which to build a successful 1993 and beyond."
 BEI Holdings, Ltd. is a diversified consulting firm with offices throughout the United States and in England providing services to the financial industry and to Fortune 500 firms.
 BEI HOLDINGS, LTD. AND SUBSIDIARIES
 Consolidated Statements of Operations
 (Unaudited)
 Quarter ended
 12/31/92 12/31/91
 Consulting and management services revs. $12,450,295 $ 8,709,410
 Costs and expenses
 Costs of consulting operations 10,420,771 8,960,463
 Selling, general and administrative 799,095 1,072,089
 Interest expense 20,712 30,289
 Other income, net (172,372) (447,848)
 Restructure charges --- 6,853,653
 Total costs and expenses 11,068,206 16,468,646
 Income (loss) from continuing operations
 before income taxes 1,382,089 (7,759,236)
 Provision for income taxes 68,400 (35,774)
 Income (loss) from continuing operations 1,313,689 (7,723,462)
 Loss from discontinued operations -
 real estate development --- (6,327,959)
 Net income (loss) $ 1,313,689 $(14,051,421)
 Net income per share:
 Income from continuing operations $ .12 $ (.75)
 Loss from discont. operations --- (.61)
 Net income (loss) per share $ .12 $ (1.36)
 Year Ended
 12/31/92 12/31/91
 Consulting and management services revs. $47,219,721 $ 38,716,307
 Costs and expenses
 Costs of consulting operations 39,567,063 34,574,859
 Selling, general and administrative 3,514,769 3,297,387
 Interest expense 120,775 164,583
 Other income, net (1,395,053) (1,570,071)
 Restructure charges --- 6,853,653
 Total costs and expenses 41,807,554 43,320,411
 Income (loss) from continuing operations
 before income taxes 5,412,167 (4,604,104)
 Provision for income taxes 114,900 107,109
 Income (loss) from continuing operations 5,297,267 (4,711,213)
 Loss from discontinued operations -
 real estate development --- (6,640,820)
 Net income (loss) $ 5,297,267 $(11,352,033)
 Net income per share:
 Income from continuing operations $ .50 $ (.46)
 Loss from discont. operations --- (.66)
 Net income (loss) per share $ .50 $ (1.12)
 -0- 2/3/93
 /CONTACT: Charles C. Ray Jr., chief financial officer of BEI Holdings, 404-315-6060/
 (BEIH)


CO: BEI Holdings, Ltd. ST: Georgia IN: FIN SU: ERN

RA-BR -- AT002 -- 2190 02/03/93 07:33 EST
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Date:Feb 3, 1993
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