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NEWS COMMUNICATIONS, INC. REPORTS MOST PROFITABLE QUARTER SINCE INCEPTION

 NEW YORK, Oct. 7 /PRNewswire/ -- News Communications, Inc. (NASDAQ: NCOM), announced today that its quarter ending Aug. 31, 1993, was its most profitable period since its inception.
 News Communications' revenue for the quarter was more than $2,700,000, an increase of almost 20 percent from the comparable period last year. Net income for the quarter was up over $370,000 as compared to the same quarter last year. The nine-month net showed an improvement of almost $1,000,000, with a 1993 profit of $370,000 compared to a 1992 loss of $580,000 for the nine-month period ending Aug. 31.
 Michael Schenkler, president of News Communications, said, "Our results for this quarter confirm that we are continuing on the right track. Our concept of community publishing works. Corporate synergies and economies of scale pay off. We are profitable and expect the positive growth to continue."
 News Communications currently publishes Dan's Papers and the Montauk Pioneer in the Hamptons, Our Town and the Manhattan Spirit in Manhattan, nine editions of the Queens Tribune and the Western Queens Tribune, the Bronx Press Review and Westchester Lifestyles. The company has also announced an October launch of the Riverdale Review. All of its publications are community newspapers distributed in the New York metropolitan area.
 NEWS COMMUNICATIONS, INC.
 Comparative Statements of Income
 (Unaudited)
 Periods ended Three Months Nine Months
 Aug. 31 1993 1992 1993 1992
 Revenue $2,705,000 $2,267,000 $6,506,000 $5,302,000
 Net income (loss) 384,000 12,000 370,000 (582,000)
 Net income (loss)
 per share $.06 --- $.06 $(.14)
 Weighted avg. shares
 outstanding 5,939,000 4,325,000 5,938,000 4,223,000
 -0- 10/7/93
 /CONTACT: Robert Berkowitz of News Communications, 718-357-3380/
 (NCOM)


CO: News Communications, Inc. ST: New York IN: PUB SU: ERN

GK-LG -- NY019 -- 9654 10/07/93 09:43 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
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