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CAMELOT ENGAGES COOPERS & LYBRAND AS AUDITORS

 DALLAS, Sept. 8 /PRNewswire/ -- Camelot Corporation (NASDAQ: CAML) today announced that it has engaged Coopers & Lybrand as its independent auditors and has rescheduled its 1993 annual meeting for Oct. 26, 1993.
 Camelot has also filed an amended annual report on Form 10-K to include audited financials for the financial year ended April 30, 1993. The amended annual report includes an unqualified auditors report from L.K. Denton and Co. Previously, Camelot had terminated Hein and Associates as auditors, for failure to complete their 1993 audit within the statutory time limit.
 Camelot is a holding company with operating subsidiaries in video marketing and distribution, financial services and energy.
 -0- 9/8/93
 /CONTACT: Danny Wettreich, chairman and chief executive officer of Camelot Corporation, 214-733-3005/
 (CAML)


CO: Camelot Corporation; Coopers & Lybrand ST: Texas IN: ENT FIN OIL SU:

TS -- NY052 -- 9825 09/08/93 12:36 EDT
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Publication:PR Newswire
Date:Sep 8, 1993
Words:145
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