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NOBLE INVESTMENT ANNOUNCES COMPLETION OF OFFERING

 NOBLE INVESTMENT ANNOUNCES COMPLETION OF OFFERING
 BOCA RATON, Fla., April 3 /PRNewswire/ -- Noble Investment Co. of


Palm Beach, Fla. announced the completion of a $5,304,375 public offering for Capitol Multimedia Inc. (NASDAQ: CDIM) located in Washington, D.C. The offering consisted of 345,000 units including the over-allotment at 15-3/8 per unit. Each unit consists of three shares of common stock and one redeemable series A warrant to purchase one share of common stock at $6.25.
 Capitol Multimedia Inc., which is 15 percent owned by Philips Interactive Media Corporation (PIMA) a subsidiary of Philips Electronics, is primarily engaged in publishing and producing programming for the new compact optical disc format known as "compact disc interactive" (CD-1).
 -0- 4/3/92
 /CONTACT: Robert I. Bogin of Noble Investment, 202-965-7800, or Howard C. Bronson of Howard Bronson & Company, 212-867-6160, both for Capitol Multimedia/
 (CDIM) CO: Capitol Multimedia Inc. ST: District of Columbia IN: SU: OFR


SM-OS -- NY025 -- 4776 04/03/92 10:32 EST
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Publication:PR Newswire
Date:Apr 3, 1992
Words:166
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