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LUND INTERNATIONAL HOLDINGS ANNOUNCES EXPLANATION OF EARNINGS

 MINNEAPOLIS, Oct. 19 /PRNewswire/ -- Lund International Holdings, Inc. (NASDAQ-NMS: LUND) announced earnings of $.22 per share for the first quarter of fiscal 1994 included a one time charge to the bad debt reserve for a customer filing under Chapter 11 of the Bankruptcy Code, increased legal expenses related to patent defense, and start up costs associated with the Lund's new plastic lines. Management feels the bankruptcy charge fully reserves for the potential loss to the company.
 -0- 10/19/93
 /CONTACT: Jay Allsup of Lund International Holdings, 612-780-2520/
 (LUND)


CO: Lund International Holdings, Inc. ST: Minneso ?IN: SU: ERN

DB-CP -- MN016 -- 3939 10/19/93 11:46 EDT
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Publication:PR Newswire
Date:Oct 19, 1993
Words:108
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