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KETEMA ANNOUNCES REPURCHASE OF COMMON STOCK AND CONVERTIBLE SUBORDINATED DEBENTURES

 KETEMA ANNOUNCES REPURCHASE OF COMMON STOCK
 AND CONVERTIBLE SUBORDINATED DEBENTURES
 BENSALEM, Pa., April 20 /PRNewswire/ -- Ketema, Inc. (AMEX: KTM) announced today it had repurchased 197,600 shares of its common stock at $10 per share upon the exercise of the previously announced option acquired from an investment banking firm.
 Ketema also recently repurchased at par $595,000 principal amount of its outstanding 8 percent Convertible Subordinated Debentures Due 2003. Ketema said it intends to continue to repurchase its securities from time to time under the previously announced program as circumstances warrant and permit.
 After the above purchases, Ketema has 3,711,702 shares of common stock outstanding and $16,353,000 principal amount of Convertible Subordinated Debentures outstanding.
 Ketema, Inc., with headquarters in Bensalem, is a diversified industrial manufacturer of equipment, components and advanced materials and provider of design services for the aerospace, process, computer and construction industries.
 /delval/
 -0- 4/20/92
 /CONTACT: Claire R. DeLabar of Ketema, 215-639-2255/
 (KTM) CO: Ketema, Inc. ST: Pennsylvania IN: SU:


MK-LJ -- PH012 -- 9935 04/20/92 10:12 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:177
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