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KINNARD INVESTMENTS ANNOUNCES COMMON STOCK OFFERING

 MINNEAPOLIS, Dec. 30 /PRNewswire/ -- Kinnard Investments, Inc. (NASDAQ-NMS: KINN), a Twin Cities-based investment firm, has announced that it is restarting its offering of 1,500,000 shares of its Common Stock which was postponed in June 1992.
 Robert R. Martin, chairman of the board of Kinnard Investments, said that he anticipates that the offering will be declared effective by the Securities and Exchange Commission by the third week in January 1993. Kinnard Investments offers a broad range of investment services to individuals, institutions, corporations and customers of banks, savings and loan associations and credit unions through its subsidiaries, John G. Kinnard & Co., Inc. and PrimeVest Financial Services, Inc.
 The managing underwriters of the offering are Kemper Securities, Inc.; John G. Kinnard & Co., Inc.; and D.A. Davidson & Co., Inc.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Copies of the prospectus may be obtained from John G. Kinnard & Co., 1700 Northstar West, Minneapolis, Minn., 55402.
 -0- 12/30/92
 /CONTACT: Jerry Gifford, executive vice president of John G. Kinnard & Co., 612-370-2750/
 (KINN)


CO: Kinnard Investments, Inc. ST: Minnesota IN: FIN SU: OFR

KH -- MN004 -- 0670 12/30/92 15:20 EST
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Publication:PR Newswire
Date:Dec 30, 1992
Words:279
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