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Harvie M. Merrill Retires From TIS Mortgage Investment Board.

SAN FRANCISCO--(BUSINESS WIRE)--March 7, 1996--TIS Mortgage Investment Company (NYSE: TIS) announced today the retirement of Harvie M. Merrill, a director of TIS since its formation in 1988.

"Harvie will be missed by TIS and his fellow board members. He has given us eight years of extraordinary service," said Lorraine O. Legg, president and chief executive officer. "His contributions to the Board have been invaluable, and we are sorry to see him go."

The TIS Board of Directors now stands at eight members.

TIS Mortgage Investment Company is a San Francisco-based Real Estate Investment Trust (REIT).

CONTACT: Edelman Public Relations

Samantha Kirkham, 415/433-5381
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Publication:Business Wire
Date:Mar 7, 1996
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