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ENNIS BUSINESS FORMS, INC. REPORTS FIRST QUARTER OPERATING RESULTS

 ENNIS, Texas, June 14 /PRNewswire/ -- Kenneth A. McCrady, chairman of the board, reported interim operating results for Ennis Business Forms, Inc. (NYSE: EBF) today. Sales for the first quarter ended May 31, 1993 amounted to $31,268,000 compared to $31,233,000 for the first quarter last year. Earnings from continuing operations for the quarter ended May 31, 1993 amounted to $4,598,000 ($.27 a share), compared to earnings from continuing operations of $4,572,000 ($.25 a share) for the corresponding period last year. Net earnings for the quarter ended May 31, 1993 amounted to $4,598,000 ($.27 a share), compared to earnings of $4,970,000 ($.27 a share), which included a gain of $398,000 ($.02 a share) from discontinued operations, for the corresponding period last year. Per share earnings computations were based on 17,098,938 shares for the 1993 quarter and 18,163,257 shares for the prior period.
 ENNIS BUSINESS FORMS
 Earnings Summary
 (Thousands omitted)
 Periods ended May 31 Three Months Ended
 1993 1992
 Net sales $31,268 31,233
 Earnings from continuing operations
 before income taxes 7,196 7,185
 Provision for income taxes 2,598 2,613
 Earnings from continuing operations 4,598 4,572
 Earnings from discontinued
 operation - net of taxes -- 398
 Net earnings $ 4,598 4,970
 Per share amounts:
 Continuing operations $ .27 .25
 Discontinued operation -- .02
 Net earnings $ .27 .27
 -0- 6/14/93
 /CONTACT: Kenneth A. McCrady of Ennis Business Forms, Inc., 214-875-6581/
 (EBF)


CO: Ennis Business Forms, Inc. ST: Texas IN: SU: ERN

TM -- NY113 -- 1867 06/14/93 18:24 EDT
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Date:Jun 14, 1993
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