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DRUG EMPORIUM FOUNDER TO SELL STOCK

 DRUG EMPORIUM FOUNDER TO SELL STOCK
 COLUMBUS, Ohio, May 28 /PRNewswire/ -- Drug Emporium


(NASDAQ: DEMP) announced today that it has received a copy of the Form 13D filed with the Securities and Exchange Commission by Philip I. Wilber, a company director and its founding chairman, and other shareholders. In the Form 13D, they indicate that they are pursuing the sale of approximately 2.8 million shares or approximately 22 percent of the company's outstanding common stock.
 Wilber has advised Drug Emporium that he, A. D. Pelunis, who is another director, and the estate of Philip Sills are seeking to sell the approximately 1.7 million shares owned by them for purposes of satisfying personal debt obligations. The selling group includes Philip I. Wilber's wife, Catherine K. Wilber, a director of the company.
 Gary Wilber, Drug Emporium's chief executive officer, stated that neither he nor any officers or directors other than those named were part of the selling group, and that the company has begun discussions with an investment banker to obtain advice for the company on facilitating the proposed stock sale.
 Drug Emporium is a national chain of 132 company-owned stores specializing in competitively priced health and beauty aids, cosmetics and prescription drugs. The company also franchises an additional 97 Drug Emporium stores.
 -0- 5/28/92
 /CONTACT: Gary Wilber, chief executive officer of Drug Emporium, Inc., 614-548-7080; or Investor Relations Consultants, Inc. 614-436-5592/
 (DEMP) CO: Drug Emporium, Inc. ST: Ohio IN: REA SU:


SS-JJ -- FL010 -- 4877 05/28/92 15:35 EDT
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Publication:PR Newswire
Date:May 28, 1992
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