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LIBERTY BANCORP, INC. COMPLETES STOCK REPURCHASE PROGRAM

 CHICAGO, Feb. 19 /PRNewswire/ -- Liberty Bancorp, Inc. (NASDAQ: LBCI), the holding company for Liberty Federal Savings Bank, has completed the second stock repurchase program of 5 percent of shares outstanding, or 157,047 shares at an average price per share of $18.62.
 To date, Liberty Bancorp, Inc. has repurchased 322,359 shares at an average price per share of $16.80.
 As of Dec. 31, 1992, the stock was trading at $18.25 per share, approximately 82 percent of its tangible book value of $22.33 per share.
 Liberty Federal Savings Bank is headquartered in Chicago, and operates through its main office located in Chicago and a branch office in Glenview, Ill. The savings bank's deposits are insured by the Federal Deposit Insurance Corp.
 -0- 2/19/93
 /CONTACT: James Mair, manager, shareholder services, of Liberty Bancorp, 312-334-1200/
 (LBCI)


CO: Liberty Bancorp, Inc. ST: Illinois IN: FIN SU:

LR -- NY027 -- 8337 02/19/93 11:00 EST
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Publication:PR Newswire
Date:Feb 19, 1993
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