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NATIONAL VISION ASSOCIATES COMMENCES INITIAL PUBLIC OFFERING

 NATIONAL VISION ASSOCIATES COMMENCES INITIAL PUBLIC OFFERING
 ATLANTA, May 19 /PRNewswire/ -- National Vision Associates, Ltd. (OTC: NVAL) announced the commencement today of its initial public offering of 2,500,000 shares of common stock at a price of $13 per share.
 Of such shares, 2,050,000 are being sold by the company and 450,000 are being sold by existing shareholders.
 NVAL operates retail optical vision centers in 74 Wal-Mart stores in 22 states, and is scheduled to open an additional 99 vision centers in Wal-Mart stores through early 1994.
 The Robinson-Humphrey Company, Inc. and Bear Stearns & Co. Inc. are the co-managers of the underwriting syndicate for the offering.
 Copies of the Prospectus may be received by contacting The Robinson-Humphrey Company, Inc. at The Atlanta Financial Center, 3333 Peachtree Road N.E., Atlanta, GA 30326, 404-266-6000; or Bear Stearns & Co., Inc. at 245 Park Ave., New York, NY 10167, 212-272-2000.
 -0- 5/19/92
 /CONTACT: Peter Mathon, 404-880-5251 (office) or 404-325-8015 (after hours), or Donna Fleishman, 404-880-5244 (office) or 404-984-0622 (after hours), both of Cohn & Wolf, for National Vision Associates/
 (NVAL) CO: National Vision Associates, Ltd. ST: Georgia IN: REA SU: OFR


EA-BR -- AT024 -- 2065 05/19/92 17:33 EDT
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Publication:PR Newswire
Date:May 19, 1992
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