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REGAL COMMUNICATIONS CORPORATION CORRECTS ERRONEOUS REPORT OF STOCK TRANSACTION OF ITS PRESIDENT

 FORT WASHINGTON, Pa., April 23 /PRNewswire/ -- Regal Communications Corporation (NASDAQ-NMS: RCOM) announced today that contrary to an erroneous report, Arthur L. Toll, president of Regal, in fact purchased 200,000 shares of Regal Common stock at a price of $7.50 per share.
 The erroneous report indicated that Toll had sold these shares.
 /delval/
 -0- 4/23/93
 /CONTACT: Jack Silver, director of investor information for Regal Communications, 212-826-7144, or Lynn Morgen or Brad Miller of Morgen- Walke, 212-986-5900, for Regal Communications/
 (RCOM)


CO: Regal Communications Corporation ST: Pennsylvania IN: TLS SU:

MJ-LJ -- PH024 -- 0097 04/23/93 13:15 EDT
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Publication:PR Newswire
Date:Apr 23, 1993
Words:101
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