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DWG ANNOUNCES POSNER'S NOMINEES TO BOARD

 DWG ANNOUNCES POSNER'S NOMINEES TO BOARD
 MIAMI, Dec. 20 /PRNewswire/ -- DWG Corporation (AMEX: DWG)


announced today that it has been informed by letter dated Dec. 20, 1991 from Victor Posner, Victor Posner Trust No. 20 and Security Management Corp., the owners of an aggregate of 11,965,733 shares of its common stock, which constitute approximately 46.3 percent of the outstanding voting power of the company and which may be deemed to be beneficially owned by Victor Posner, that it is the present intention of such shareholders to cause to be nominated at the Dec. 27, 1991 annual meeting of shareholders of DWG Corporation Reverend Patrick O'Neill and Martin J. Posner as directors of the company and that, subject to the possible effects of the right to cumulate votes in the election of directors at the annual meeting, such shareholders will vote their respective shares at the annual meeting for the election of the following individuals as directors of DWG: Victor Posner, Steven Posner, Melvin R. Colvin, Richard M. Kerger, Daniel R. McCarthy, Bernard I. Posner, Willie C. Robinson, Russell A. Boyle, T.M. Thompson, H. Douglas Kingsmore, Reverend Patrick O'Neill, Martin J. Posner and Harold E. Kelley.
 -0- 12/20/91
 /CONTACT: Chuck Nolan, vice president of DWG Corporation, 305-866-7771/
 (DWG) CO: DWG Corporation ST: Florida IN: SU:


SS-JJ -- FL011 -- 4576 12/20/91 17:30 EST
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Publication:PR Newswire
Date:Dec 20, 1991
Words:229
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