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PCI SERVICES: OVER-ALLOTMENT OPTION EXERCISED

 PCI SERVICES: OVER-ALLOTMENT OPTION EXERCISED
 PHILADELPHIA, Feb. 12 /PRNewswire/ -- PCI Services, Inc.


(NASDAQ-NMS: PCIS) announced today that in connection with its initial public offering, a 15 percent over-allotment option was exercised in full resulting in the sale of an additional 431,250 shares of common stock at $10 per share.
 PCI commenced its initial public offering of 2,875,000 shares of common stock at $10 per share on Jan. 28, 1992.
 The offering, underwritten by a syndicate of underwriters led by Smith Barney, Harris Upham & Co. Inc. and Dillon, Read & Co. Inc., increased PCI Services' equity base to approximately $29 million.
 PCI Services is a leading provider of pharmaceutical packaging services.
 /delval/
 -0- 2/12/92
 /CONTACT: Michael F. Sandler, vp and CFO of PCI Services, 609-665-9300, ext. 6005/
 (PCIS) CO: PCI Services, Inc. ST: Pennsylvania IN: SU:


KA-MP -- PH019 -- 9207 02/12/92 11:34 EST
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Publication:PR Newswire
Date:Feb 12, 1992
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