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CONTEMPRI HOMES, INC. LISTS ON THE AMERICAN STOCK EXCHANGE

 NEW YORK, June 9 /PRNewswire/ -- Contempri Homes, Inc. today commenced trading on the American Stock Exchange. The company's units, consisting of one share of Class A common stock of Contempri Homes, Inc. and one 1993 callable warrant to purchase one-half share of ESI Industries, Inc., trade under the ticker symbol "ESI.E.WI". Trading opened at 11:30 a.m. at 3 on 100 units. Contempri Homes, Inc. has selected Kalb, Voorhis & Co. as its specialist firm.
 Contempri Homes, headquartered in Taylor, Pa., manufactures and markets a wide variety of modular homes. The company's modular home products consist of single family detached dwellings, single family attached dwellings, multi-family dwellings such as condominiums, apartments and townhouses, as well as light commercial structures, professional office buildings and motel units. Contempri offers a wide choice of floor plans and models, including a choice of 84 standard floor plans for single family dwellings and 16 standard floor plans for multi-family dwellings. Contempri, formerly a wholly owned subsidiary of ESI Industries, Inc. was spun-off from that company on Dec. 31, 1992.
 "We are pleased to be listing Contempri Homes on the American Stock Exchange. ESI Industries, Inc., formerly Contempri's parent company has listed its shares on the AMEX since 1981. During this time, we feel that our shareholders have benefited from auction market trading. Spreads between bid-and-ask prices are narrow and trading is fair and efficient. In listing Contempri, the AMEX is the market of choice." commented Herbert M. Gardner, chairman of Contempri Homes, Inc.
 The American Stock Exchange occupies a unique niche among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies, as well as a principal market to trade derivatives. No other exchange has balanced traditional and cutting edge trading products. And because of the efficiencies associated with the AMEX auction marketplace, investors of all sizes achieve the greatest value and protection.
 -0- 6/9/93
 /CONTACT: Melissa Grand, manager, Equities Communications of Amex, 212-306-1635/


CO: Contempri Homes, Inc. ST: Pennsylvania IN: CST SU:

PS -- NY034 -- 0151 06/09/93 12:14 EST
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Publication:PR Newswire
Date:Jun 9, 1993
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