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LEONA ENTERPRISES ISSUES STATEMENT ON AUDIT

 LEONA ENTERPRISES ISSUES STATEMENT ON AUDIT
 RIVER VALE, N.J., Jan. 30 /PRNewswire/ -- Leona Enterprises, Inc.


(OTC: LNAE) announced today that its year end audit should be completed on or about Feb. 15. It expects the year end to show pre-tax earnings of $1.00 per share and upon completion of the year end financials, Leona will file for inclusion and listing on the NASDAQ National Market System. The company also stated that it will revise its dividend policy to pay a larger dividend on a quarterly basis than previously announced. The terms of the new dividend policy will be announced early next week.
 -0- 1/30/92
 /CONTACT: Milan National Corporation, 201-666-3330/
 (LNAE) CO: Leona Enterprises, Inc. ST: New Jersey IN: SU: SH-SM -- NY092 -- 5362 01/30/92 15:06 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:132
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