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FRANKLIN MINT CORPORATION POSTPONES INITIAL PUBLIC OFFERING

 FRANKLIN MINT CORPORATION POSTPONES INITIAL PUBLIC OFFERING
 PHILADELPHIA, May 14 /PRNewswire/ -- Franklin Mint Corporation announced today it has decided to postpone its initial public offering of 11 million shares of its common stock due to the recent deterioration in the market for initial public offerings of common stock.
 The company will continue to evaluate market conditions to determine the appropriate time to raise capital in the public markets.
 Franklin Mint Corporation is a leading worldwide direct response marketer of fine quality collectibles and luxury and home decor products.
 /delval/
 -0- 5/14/92
 /CONTACT: Jackie Wilkie of Franklin Mint Corporation, 215-459-7494/ CO: Franklin Mint Corporation ST: Pennsylvania IN: SU: OFR


JS-MK -- PH035 -- 0356 05/14/92 15:25 EDT
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Publication:PR Newswire
Date:May 14, 1992
Words:119
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