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PLM INTERNATIONAL ANNOUNCES $1/2 BILLION DISTRIBUTION MILESTONE

 SAN FRANCISCO, Aug. 24 /PRNewswire/ -- San Francisco-based PLM International Inc. (ASE: PLM) today announced that the public programs under its management had reached the $1/2 billion mark in cumulative distributions paid to investors from inception through Aug. 15, 1993.
 Allen V. Hirsch, president of PLM Financial Services Inc., the general partner of the programs, said, "We are pleased to have reached this major milestone in the history of our public programs. It is particularly significant given that most other leasing sponsors have not even raised $500 million in cumulative investor equity. All of our public programs, including the first public program formed in 1979, have continued to pay distributions every consecutive quarter since inception. We believe these results support what has long been our management strategy: to acquire and lease diversified portfolios of low- technology, low-obsolescence transportation and related industry equipment. This diversification across five major equipment sectors (marine vessels and containers, railcars, aircraft and components, mobile offshore drilling units and trailers) helps protect investors from normal industry downturns in any individual sector. We now manage $1.3 billion of such equipment for our shareholders and more than 70,000 investors in our various public and private programs."
 PLM International is a transportation equipment leasing company specializing in the management of equipment on operating leases. The company is also the leading sponsor of syndicated investment programs organized to invest primarily in transportation equipment.
 -0- 8/24/93
 /CONTACT: Janet Turner, vice president of investor relations of PLM, 415-905-7214/
 (PLM)


CO: PLM International Inc. ST: California IN: TRN SU:

PK-TB -- SF004 -- 5641 08/24/93 19:21 EDT
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Publication:PR Newswire
Date:Aug 24, 1993
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