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NATIONAL MEDIA CORPORATION REPORTS FIRST QUARTER NET INCOME OF $1.8 MILLION

 NATIONAL MEDIA CORPORATION REPORTS
 FIRST QUARTER NET INCOME OF $1.8 MILLION
 PHILADELPHIA, July 21 /PRNewswire/ -- National Media Corporation (NYSE: NM) today released the following financial information:
 Highlights:
 -- First quarter revenues reach $38.7 million vs. $14.7 million in prior year.
 -- First quarter operating income (income before depreciation, amortization, interest and taxes) totals $2.4 million.
 National Media Corporation today reported net income for its first fiscal quarter of $1.8 million, or $.15 per share, vs. $341,000 or $.03 per share, in last year's first quarter.
 Last year's results included an after-tax gain of $2.2 million on the sale of the company's then wholly owned subsidiary, National Syndications Inc.
 "We are extremely pleased with our solid first quarter results," said John J. Turchi Jr., chairman and chief executive officer of National Media. "Our acquisition of Quantum Marketing led the way to our more than doubling last year's revenues, and Quantum's European operations contributed nicely to our overall profitability. We now have over 20 different shows on the air in Europe and we anticipate continued growth in that business."
 Turchi added, "Our U.S. operations also performed well in the quarter, with a number of our products showing great strength. Our efforts to broaden product distribution into non-infomercial areas began in the first quarter as the Juice Tiger and the Super Step were introduced into retail. It is still too early to measure the success of these efforts but we are optimistic about the future of retail distribution for products that sell well over the air."
 Net revenues for the quarter were $38.7 million, up 163 percent from the previous year. A variety of products contributed to the growth in first quarter revenues, including the Super Step exerciser, ColorCote 2000 car polish, the Flying Lure fishing lure and the Juice Tiger juicing machine.
 NATIONAL MEDIA CORPORATION AND SUBSIDIARIES
 (In thousands, except per-share amounts)
 Quarter ended June 30 1992 1991
 Revenues $38,722 $14,732
 Net income (loss)
 continuing operations 1,754 (1,828)
 Gain on sale of NSI --- 2,169
 Net income 1,754 341
 Per share: Net income (loss)
 continuing operations $.15 $(.16)
 Gain on sale of NSI --- .19
 Net income per share .15 .03
 /delval/
 -0- 7/21/92
 /CONTACT: Craig A. Streem, vp-Investor Relations of National Media, 215-482-9800/
 (NM) CO: National Media Corporation ST: Pennsylvania IN: ADV SU: ERN


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Date:Jul 21, 1992
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