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HARPER GROUP RELEASES REGIONAL RESULTS FOR 1992

 SAN FRANCISCO, March 16 /PRNewswire/ -- The Harper Group Inc. (NASDAQ: HARG) released the following business segment information for the fiscal year ended Dec. 31, 1992:
 THE HARPER GROUP INC.
 (In thousands)
 The 1991 and 1990 segment information has been reclassified to conform to the 1992 presentation:
 North Europe Far East Other
 America Areas
 Year ended Dec. 31, 1992:
 Total revenue $223,608 $105,131 $ 89,365 $ 26,859
 Transfers between
 regions (5,463) (3,291) (1,443) (3,098)
 Revenue from
 customers $218,145 $101,840 $ 87,922 $ 23,761
 Net revenue $ 93,456 $ 61,005 $ 20,725 $ 19,514
 Income (loss) from
 operations $ 17,478 $(10,261) $ 2,199 $ 177
 Identifiable assets $142,239 $ 85,924 $ 79,270 $ 27,545
 Net assets at
 year end $ 55,196 $ (1,240) $ 45,856 $ 133
 Year ended Dec. 31, 1991:
 Total revenue $231,517 $127,391 $ 77,660 $ 26,821
 Transfers between
 regions (2,212) (4,099) (1,629) (2,019)
 Revenue from
 customers $229,305 $123,292 $ 76,031 $ 24,802
 Net revenue $ 87,292 $ 61,710 $ 19,447 $ 20,571
 Income from
 operations $ 15,916 $ 223 $ 2,897 $ 782
 Identifiable assets $130,014 $120,665 $ 85,103 $ 32,872
 Net assets at
 year end $ 44,691 $ 13,644 $ 42,223 $ 39
 Year ended Dec. 31, 1990:
 Total revenue $225,693 $139,466 $ 77,528 $ 31,439
 Transfers between
 regions (3,187) (4,898) (5,459) (4,509)
 Revenue from
 customers $222,506 $134,568 $ 72,069 $ 26,930
 Net revenue $ 82,856 $ 60,382 $ 19,051 $ 20,715
 Income from
 operations $ 9,777 $ 6,533 $ 1,974 $ 82
 Identifiable assets $133,753 $114,434 $ 85,275 $ 43,148
 Net assets at
 year end $ 39,763 $ 17,080 $ 33,573 $ (629)
 Corporate Eliminations Consolidated
 Overhead
 Year ended Dec. 31, 1992:
 Total revenue --- $(13,295) $431,668
 Transfers between
 regions --- $ 13,295 ---
 Revenue from
 customers --- --- $431,668
 Net revenue --- --- $194,700
 Income (loss) from
 operations $ (902) --- $ 8,691
 Identifiable assets $ 88,592 $(126,330) $297,240
 Net assets at
 year end $ 46,142 $ (15,385) $130,702
 Year ended Dec. 31, 1991:
 Total revenue --- $ (9,959) $453,430
 Transfers between
 regions --- $ 9,959 ---
 Revenue from
 customers --- --- $453,430
 Net revenue --- --- $189,020
 Income from
 operations $ 1,375 --- $ 21,193
 Identifiable assets $ 70,865 $(121,779) $317,740
 Net assets at
 year end $ 46,093 $ (15,385) $131,305
 Year ended Dec. 31, 1990:
 Total revenue --- $ (18,053) $456,073
 Transfers between
 regions --- $ 18,053 ---
 Revenue from
 customers --- --- $456,073
 Net revenue --- --- $183,004
 Income from
 operations $ 2,896 --- $ 21,262
 Identifiable assets $ 38,316 $(125,574) $289,352
 Net assets at
 year end $ 31,186 $ (15,079) $105,894
 NOTE: Revenue from transfers between regions represents approximate amounts that would be charged if the services were provided by an unaffiliated company. Total region revenue is reconciled with total consolidated revenue by eliminating inter-regional revenue. 1992 income (loss) from operations excluding the effect of special charges ($14.7 million) for North America, Europe, Far East, Other Areas, Corporate Overhead and Consolidated is $17,658,000, $1,724,000, $3,124,000, $1,278,000, $(413,000) and $23,371,000, respectively.
 The Harper Group boasts over 30 years of uninterrupted earnings and has paid semi-annual dividends since going public in 1977. The Harper Group provides transportation and information management to its clients in 44 countries around the world.
 -0- 3/16/93
 /CONTACT: Nanci Tangeman, 415-978-0782, or Michael Cromar, 415-978-0519, both of The Harper Group/
 (HARG)


CO: The Harper Group Inc. ST: California IN: TRN SU: ERN

GT-CK -- SF007 -- 6776 03/16/93 17:27 EST
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Date:Mar 16, 1993
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