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REGIS CORPORATION PURCHASES NEW HEADQUARTERS BUILDING

 REGIS CORPORATION PURCHASES NEW HEADQUARTERS BUILDING
 MINNEAPOLIS, Aug. 24 /PRNewswire/ -- Regis Corporation


(NASDAQ: RGIS) today announced that it completed the purchase of a 100,000 square foot office building in Edina, Minn.
 The office building, located on 5.36 acres of land, is a ten-year- old facility in excellent condition that will be the administrative headquarters for the company. Paul Finkelstein, president and chief operating officer, commented, "The consolidation of our administrative operations into one facility is a positive step for our company that should generate significant efficiencies."
 The facility is capable of meeting Regis' space requirements for the immediate and long term. Finkelstein further commented, "We are looking to complete the consolidation of our administrative personnel offices by early Spring 1993, and are highly confident about selling the existing corporate owned facilities."
 Regis Corporation, the largest specialty retail operator of mall- based hair salons in North America, owns and operates approximately 1,150 hair salons. The company employs over 14,000 associates and provides the highest quality hair cair to customers in 50 states, Canada, the United Kingdom, Mexico and Puerto Rico.
 -0- 8/24/92
 /CONTACT: David Walke, Amy Ludwig, or Brad Miller or Morgen-Walke Associates, 212-986-5900, for Regis Corporation/
 (RGIS) CO: Regis Corporation ST: Minnesota IN: HOU SU: TNM


TS-LR -- NY041 -- 2572 08/24/92 12:03 EDT
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Publication:PR Newswire
Date:Aug 24, 1992
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