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NATIONAL MEDIA CORPORATION COMPLETES SALE OF WAREHOUSE FACILITY

NATIONAL MEDIA CORPORATION COMPLETES SALE OF WAREHOUSE FACILITY
 PHILADELPHIA, Sept. 4 /PRNewswire/ -- National Media Corporation (NYSE: NM) announced today it has completed the sale of its West Chester, Pa., warehouse facility, for $2,275,000.
 The proceeds of the sale will be used to repay the approximate $1.7 million mortgage on the building, with the balance to be used for general corporate purposes.
 National Media said the transaction will have no effect on the company's earnings for the current quarter.
 /delval/
 -0- 9/4/92
 /CONTACT: Craig A. Streem of National Media, 215-482-9800/
 (NM) CO: National Media Corporation ST: Pennsylvania IN: ADV SU: RLE


LJ-MS -- PH004 -- 6818 09/04/92 09:10 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 4, 1992
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