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GUARDIAN BANCORP ESTABLISHES NEW RECORD DATE

 LOS ANGELES, Dec. 14 /PRNewswire/ -- Guardian Bancorp (AMEX: GB) announced today that it has established a new record date of Dec. 16, 1993, for the determination of its shareholders entitled to receive transferable common stock subscription rights under the company's proposed subscription rights offering. The rights are expected to commence trading on the American Stock Exchange on Dec. 17, 1993.
 Under the proposed offering, a shareholder of record on Dec. 16, 1993, of Guardian Bancorp will receive 2.25 rights for each share of common stock held by a shareholder as of the record date. Each right will entitle the holder to purchase from Guardian Bancorp one share of common stock at $2.25 per share.
 -0- 12/14/93
 /CONTACT: Paul M. Harris, chairman of the board, or Howard C. Fletcher III, president, of Guardian, 213-239-0800/
 (GB)


CO: Guardian Bancorp ST: California IN: FIN SU:

JL-LS -- LA018 -- 3466 12/14/93 08:00 EST
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Publication:PR Newswire
Date:Dec 14, 1993
Words:155
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