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KUHLMAN REPORTS RECORD QUARTERLY EARNINGS

 KUHLMAN REPORTS RECORD QUARTERLY EARNINGS
 LEXINGTON, Ky., April 22 /PRNewswire/ -- Kuhlman Corporation


(NYSE: KUH) today announced the highest net earnings from continuing operations in its 98-year history.
 The $2,256,000 earned in the period which ended March 31, 1992, exceeded the prior year's record earnings for the comparable period by 14 percent.
 Don O. Dulude, chairman, president and chief executive officer, stated that sales at all but one operating location exceeded first- quarter sales volume levels of the 1991 period.
 "The increase in volume contributed to the higher earnings level," he said, "along with steady increases in productivity and continued commitment to Total Quality Management."
 With respect to the second quarter, Dulude cautioned that the United States still appears to be in the throes of a recession even though housing starts are stronger now than in 1991. Dulude further stated that the company realizes the impact of the economic environment in which it operates and is well-positioned for a profitable second quarter.
 Following are comparative results for the quarters ended March 31, 1992, and March 31, 1991:
 KUHLMAN CORPORATION
 Three Months Ended
 March 31,
 (in 000s)
 1992 1991
 NET SALES $32,983 $30,340
 COST AND EXPENSES:
 Cost of Sales $25,628 $23,564
 Selling and Administrative Expense 3,840 3,455
 Interest Expense 275 168
 Interest Income (225) (283)
 Covenant Not To Compete (312) (314)
 Equity in Net Loss of Joint Venture --- 315
 EARNINGS BEFORE PROVISION FOR INCOME $ 3,777 $ 3,435
 TAX FROM CONTINUING OPERATIONS
 PROVISION FOR INCOME TAXES 1,521 1,460
 NET EARNINGS $ 2,256 $ 1,975
 NET EARNINGS PER COMMON AND
 COMMON EQUIVALENT SHARE $ .38 $ .35
 Kuhlman Corporation is a manufacturer of distribution, power and instrument transformers, and spring products.
 -0- 4/22/92
 /CONTACT: Barbara Boyd of Kuhlman Corporation, 606-224-4300/
 (KUH) CO: Kuhlman Corporation ST: Kentucky IN: SU: ERN


SB -- DE008 -- 1133 04/22/92 10:02 EDT
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Date:Apr 22, 1992
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