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MAI SYSTEMS CORP. EMERGES FROM CHAPTER 11 REORGANIZATION

 MIAMI, Nov. 30 /PRNewswire/ -- Brooke Group Ltd. (NYSE: BGL) today confirmed the announcement that MAI Systems Corp., of which it owns 47.4%, has successfully emerged from Chapter 11 reorganization.
 Bennett S. LeBow, chairman of Brooke Group, said, "We are pleased that MAI has emerged virtually debt free, with a sound balance sheet and a strong and focused business plan. In addition, they are in the process of applying for a listing on the Nasdaq National Market System for the public trading of MAI shares."
 Mr. LeBow continued, "This new chapter for MAI also helps to further the restructuring of Brooke Group as we focus on developing our major businesses in tobacco and real estate both in the U.S. and Russia."
 -0- 11/30/93
 /CONTACT: Robert Siegfried or David Kronfeld of Kekst and Company, 212-593-2655/
 (BGL)


CO: MAI Systems Corp.; Brooke Group Ltd. ST: Florida IN: TOB SU: BCY

CK -- NY115 -- 8965 11/30/93 18:14 EST
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Publication:PR Newswire
Date:Nov 30, 1993
Words:160
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