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PLM INTERNATIONAL REPORTS YEAR-END RESULTS

 PLM INTERNATIONAL REPORTS YEAR-END RESULTS
 SAN FRANCISCO, March 30 /PRNewswire/ -- San Francisco-based PLM


International Inc. (AMEX: PLM) today announced the results of its operations for the quarter and year ended Dec. 31, 1991.
 For the year ended Dec. 31, 1991, consolidated revenues were $67.7 million compared to $84.2 million in 1990. Net income available to common shares and earnings per common share, were $3.1 million and $0.30 respectively for the year ended Dec. 31, 1991, compared to $3.8 million and $.38 in 1990.
 For the quarter, PLM International reported revenues of $17.3 million, compared to $20.7 million for the same quarter in 1990. Net income available to common shares and earnings per common share were $501,000 and $.05 respectively, compared to a net loss of $5.0 million or $.49 per common share in 1990.
 PLM International President and Chief Executive Officer Robert N. Tidball said, "Continued economic difficulties affected our overall performance during 1991. The airline industry in particular experienced hardships that resulted in an overall decline in air traffic and the announcement of bankruptcies by five major U.S. carriers. Although PLM International's commercial aircraft fleet was able to maintain a 100 percent on lease rate at the end of the year, we were affected by reduced lease revenues for certain aircraft. Additionally, investor uncertainty affected syndication efforts resulting in a reduction in the amount of equity raised in 1991. In spite of this overall slowdown, PLM International remained 'number one' in the industry in transportation equipment leasing sales. We expect 1992 will be an equally challenging year with a slow rebounding economy and prolonged softness in the syndication and aircraft markets. We will dedicate resources to strengthening operations and continuing to control expenses."
 The following table sets forth a summary of certain operating statistics for the quarter and year ended Dec. 31, 1991 and 1990.
 PLM INTERNATIONAL INC
 CERTAIN OPERATING STATISTICS(A)
 Quarter ended Year ended
 Dec. 31 Dec. 31
 1991 1990 1991 1990
 Total Revenues $ 17,344 $ 20,678 $ 67,668 $ 84,239
 Income Before
 Income Taxes $ 1,812 $ (6,219) $ 10,228 $ 12,640
 Net Income (Loss) $ 2,261 $ (3,234) $ 10,103 $ 10,871
 Preferred Dividends $ 1,760 $ 1,760 $ 7,040 $ 7,040
 Net Income (Loss)
 Available for Common
 Shares $ 501 $ (4,994) $ 3,063 $ 3,831
 Net Increase (Decrease)
 in Cash and Cash
 Equivalents $ 6,189 $ 3,504 $ 3,122 $ 7,071
 Total Term Debt $194,390 $187,824 $194,390 $187,824
 Total Shareholder
 Equity $ 65,964 $ 67,056 $ 65,964 $ 67,056
 Average Common Shares
 Outstanding 10,221 10,154 10,171 10,154
 Net Income (Loss) per
 Common Share $ .05 $ (0.49) $ 0.30 $ 0.38


(A)Figures are in thousands, except per share data
 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- 3/30/92
 /CONTACT: Valerie Carattini-Cooke of PLM International Inc., 415-905-7227/
 (PLM) CO: PLM International, Inc. ST: California IN: TRN SU: ERN


DG -- SF008 -- 3176 03/30/92 22:25 EST
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Date:Mar 30, 1992
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