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FIRST CASH AMENDS THE REDEMPTION TERMS OF ITS PUBLIC WARRANTS

 ARLINGTON, Texas, May 27 /PRNewswire/ -- First Cash, Inc. (NASDAQ: PAWN), announced on April 23, 1993, that as a condition of a common stock offering the underwriter, Dickinson & Co., required the company to call for redemption the 450,000 warrants issued in the company's April 1991 initial public offering. Such warrants entitle the holders to purchase 450,000 shares of common stock at an exercise price of $6.00 per share. The terms of the warrants further provide that the holders of the warrants have 30 days from the date of written notice to such holders to convert their warrant into common stock. Such notice of redemption is intended to be given on or about the effective date of the offering. Effective today, the company has announced that it intends to extend the exercise period from 30 to 365 days from the date of the notice of redemption. All other terms of the warrants remain unchanged. This announcement does not constitute notice of redemption.
 -0- 5/27/93
 /CONTACT: Mary Ann Jost, investor relations of First Cash, 817-633-7296/
 (PAWN)


CO: First Cash, Inc. ST: Texas IN: SU: OFR

GK -- NY077 -- 3055 05/27/93 15:07 EDT
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Publication:PR Newswire
Date:May 27, 1993
Words:196
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