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EIGHT ANNUAL REPORTS INC. CLIENTS WIN FINANCIAL WORLD AWARDS

 EIGHT ANNUAL REPORTS INC. CLIENTS WIN FINANCIAL WORLD AWARDS
 NEW YORK, Nov. 3 /PRNewswire/ -- Eight corporate clients of Annual Reports Inc. received First-Place Bronze Awards For Excellence in Annual Reporting at the Financial World magazine's 52nd awards banquet, Oct. 22, at the Plaza Hotel in New York.
 The announcement was made by Matt Phelan, Annual Reports Inc. president.
 The winners are Arkansas Freightways Corp., Harrison, Ark. (Transportation/Freight and Shipping); BanPonce Corp., San Juan, P.R. (Banks/Local); CONSTAR International Inc., Chattanooga, Tenn. (Packaging); Family Dollar Stores Inc., Charlotte, N.C. (Retail/Department & Discounting); Fuqua Industries Inc., Atlanta (Household Equipment); Genuine Parts Co., Atlanta (Automotive Parts); Lowe's Companies Inc., North Wilkesboro, N.C. (Retail/Specialty & Other); and Vulcan Materials Co., Birmingham, Ala. (Multi-Industry Manufacturing).
 "Eight of our 12 entrants won first-place awards as the best communicators in their respective industries," said Phelan. "We believe this is the highest percentage of first-place winners for any design firm in the competition's history. We are especially pleased that this recognition comes from one of our clients' key audiences, a panel of leading securities analysts."
 The Financial World 52nd Annual Report Competition recognizes individuals involved in the annual report process for the clarity and completeness of their presentation as well as overall graphic appeal. Report covers of the winning entries will be reproduced in the Nov. 10, 1992, issue of Financial World, reaching more than 500,000 professional and private investors. U.S. and international firms in 68 industries participated in this year's competition.
 Annual Reports Inc. specializes in the creation and production of corporate communications for publicly held companies in the southeastern U.S. and Caribbean.
 -0- 11/3/92
 /CONTACT: Matt Phelan, president of Annual Reports Inc., 404-237-6085/ CO: Annual Reports Inc. ST: New York IN: PUB SU:


BR-BN -- AT005 -- 1978 11/03/92 10:16 EST
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Date:Nov 3, 1992
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