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NATIONAL MEDIA CORPORATION TO FILE FOR 2 MILLION SHARE OFFERING

 PHILADELPHIA, April 28 /PRNewswire/ -- National Media Corporation (NYSE: NM) announced today that it intends to file a registration statement under the Securities Act of 1933 for the sale of approximately 2 million shares of common stock by the company.
 None of the shares registered in the offering would be sold by shareholders. The registration statement is expected to be filed with the Securities and Exchange Commission in May 1993. The offering will be made only by means of a prospectus.
 The proceeds of the offering would be used by the company principally for working capital requirements including the advance purchase of television air time, the development of new products and the production of new transactional television programming, and to finance capital expenditures for the enhancement of information systems supporting the company's fulfillment and customer service operations, and for the repayment of term loan financing.
 /delval/
 -0- 4/28/93
 /CONTACT: Craig A. Streem, vp-investor relations of National Media, 215-772-5035/
 (NM)


CO: National Media Corporation ST: Pennsylvania IN: ADV SU: OFR

JM-MP -- PH008 -- 1872 04/28/93 10:04 EDT
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Publication:PR Newswire
Date:Apr 28, 1993
Words:179
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