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MR. COFFEE CALLS RESET NOTES FOR REDEMPTION

 CLEVELAND, March 8 /PRNewswire/ -- Mr. Coffee, inc. (NASDAQ: JAVA) today announced that it has called for redemption all of its outstanding 16.5 percent Senior Subordinated Extendible Reset Notes. The Reset Notes will be redeemed effective March 31, 1993, at a price of 106.1875 percent, plus accrued and unpaid interest. There are currently $13,000,000 in principal amount of Reset Notes outstanding.
 Mr. Coffee, inc. is the leading manufacturer of automatic drip coffeemakers in the United States. The company offers an extensive line of automatic drip coffeemakers, coffee filters, and other countertop kitchen appliances. The company also manufactures THE ICED TEA POT(TM), the Potato Perfect(TM) Quick Potato Baker by Mr. Coffee(R), and the Mr. Coffee(R) Water Filter.
 -0- 3/8/93
 /CONTACT: Richard C. Adamany, senior vice president and chief financial officer of Mr. Coffee, inc., 216-464-4000/
 (JAVA)


CO: Mr. Coffee, inc. ST: Ohio IN: SU:

KK -- CL004 -- 3835 03/08/93 09:03 EST
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Publication:PR Newswire
Date:Mar 8, 1993
Words:161
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