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FIRST LIBERTY FINANCIAL CORP. TO OFFER CONVERTIBLE PREFERRED STOCK

 MACON, Ga., Dec. 24 /PRNewswire/ -- First Liberty Financial Corp. (NASDAQ-NMS: FLFC) has filed with the Securities and Exchange Commission a registration statement to offer 400,000 shares of Series A Cumulative Convertible Preferred Stock with a stated value of $25 per share.
 The stock offering will be managed by The Robinson-Humphrey Company, Inc. and Interstate/Johnson Lane Corporation.
 First Liberty is a savings and loan holding company which owns Liberty Savings Bank, F.S.B. Liberty conducts business through 20 banking offices in middle, coastal and south Georgia, and a mortgage banking subsidiary, Liberty Mortgage Corporation. First Liberty common stock is quoted through the National Market System of the National Association of Securities Dealers (NASDAQ) under the symbol FLFC.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there by any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 12/24/92
 /CONTACT: David L. Hall of First Liberty Financial Corp., 404-936-3350/
 (FLFC)


CO: First Liberty Financial Corp. ST: Georgia IN: FIN SU: OFR

CF-BR -- AT004 -- 9823 12/24/92 10:51 EST
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Publication:PR Newswire
Date:Dec 24, 1992
Words:251
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