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CINEPLEX ODEON CORPORATION NOT UNDER INVESTIGATION

 TORONTO, Jan. 22 /PRNewswire/ -- Cineplex Odeon Corporation (NYSE: CPX) announced today that the Ontario Securities Commission has clarified and confirmed to it that the corporation is not under investigation in connection with any of the events which have led to the charges of insider trading laid against David Fingold, (an ex-director of Cineplex Odeon), Fobasco Limited and Slater Industries Inc.
 Cineplex Odeon is one of North America's largest theater circuits with approximately 1,619 screens in 365 locations.
 -0- 1/22/93
 /CONTACT: Howard Lichtman, executive vice president of marketing & communications of Cineplex Odeon Corporation, 416-323-6634/
 (CPX)


CO: Cineplex Odeon Corporation ST: Ontario IN: ENT SU:

TM -- NY070 -- 8074 01/22/93 16:45 EST
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Publication:PR Newswire
Date:Jan 22, 1993
Words:115
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