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GITANO GROUP COMMENTS ON UNUSUAL TRADING ACTIVITY

 GITANO GROUP COMMENTS ON UNUSUAL TRADING ACTIVITY
 NEW YORK, July 2 /PRNewswire/ -- In response to inquiries regarding


unusual trading activity in its stock, the Gitano Group, Inc. (NYSE: GIT) reported that it had recently requested additional funding from its lenders and that negotiations are ongoing.
 -0- 7/2/92
 /CONTACT: Thomas J. Davies of Kekst and Company, 212-593-2655, for Gitano Group/
 (GIT) CO: Gitano Group, Inc. ST: New York IN: TEX SU:


KD -- NY075 -- 6363 07/02/92 17:20 EDT
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Publication:PR Newswire
Date:Jul 2, 1992
Words:81
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