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INTERNATIONAL STANDARDS GROUP, LTD. DECLARES WARRANT DIVIDEND

 BOCA RATON, Fla., Nov. 18 /PRNewswire/ -- International Standards Group, Ltd. (NASDAQ: ISGI) today announced that its board of directors has declared a warrant dividend for all shareholders of record as of Nov. 30, 1993. Under the terms of the dividend, each shareholder will receive one warrant for every 10 shares of common. Each warrant will entitle the holder to purchase an additional share of common for $3.00, and upon the exercise of the warrant, the shareholder shall receive an additional warrant with an exercise price of $5.00. Shareholders will not be able to exercise any warrants until the company completes the processing of a registration statement which will register the underlying shares.
 Joseph L. Lents, chairman of International Standards Group, Ltd., stated, "This dividend is designed to reward our shareholders for their continued support, while providing the company with an alternative source of raising capital for our expected continued growth."
 International Standards Group, Ltd., provides financial services and asset management to credit unions. ISGI, through its wholly owned subsidiary Financial Standards Group, Ltd. assists credit unions and their supervisory committees in performing comprehensive or internal regulatory compliance audits, and provides related internal auditing, accounting and managerial services to credit unions.
 -0- 11/18/93
 /CONTACT: Gary Kelman of International Standards Group, 407-997-5880 or Bill Bosso of Niagara Financial Services, 407-241-2888, for International Standards Group/
 (ISGI)


CO: International Standards Group, Ltd. ST: Florida IN: FIN SU: DIV

AW-RK -- FL007 -- 5906 11/18/93 09:36 EST
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Publication:PR Newswire
Date:Nov 18, 1993
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