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ROTTLUND REPORTS EARNINGS FOR SECOND QUARTER AND SIX MONTHS

 ROTTLUND REPORTS EARNINGS FOR SECOND QUARTER AND SIX MONTHS
 MINNEAPOLIS, Nov. 6 /PRNewswire/ -- The Rottlund Company, Inc. (NASDAQ: RHOM) today reported pro forma net income of $1,218,000 or 28 cents per share for the second quarter, ended Sept. 30, 1992, compared with $305,000 or 7 cents per share in the same period last year. Second-quarter revenues were $24,570,000 versus $13,133,000 a year earlier.
 The company's registration statement for an initial public offering of 1,120,000 shares of common stock became effective last week.
 For the six months ended Sept. 30, Rottlund reported pro forma net income of $2,342,000 or 54 cents per share, compared with $911,000 or 21 cents per share in the first half last year. Six-month revenues were $49,018,000, compared with $28,326,000 last year.
 The Rottlund Company, based in Fridley, Minn., designs, builds and markets detached single family homes and attached townhomes and villas.
 THE ROTTLUND COMPANY, INC.
 3 Months Ended(a) 6 Months Ended(a)
 Sept. 30, Sept. 30,
 1992 1991 1992 1991
 Revenues $24,570,454 $13,132,768 $49,018,496 $28,326,174
 Pro forma net income 1,217,688 305,117 2,341,608 911,472
 Average shares
 outstanding 4,350,000 4,350,000 4,350,000 4,350,000
 Pro forma earnings
 per share $.28 $.07 $.54 $.21
 (a) The pro forma net income and earnings per share data reflect the effects on the historical income statement data for each of the periods presented as if the company had not been treated as an S corporation for income tax purposes (assuming a 40-percent combined effective tax rate).
 -0- 11/6/92
 /CONTACT: Tom Langenfeld of Swenson Falker Eilertsen, 612-371-0000, for The Rottlund Company; or Lawrence B. Shapiro of The Rottlund Company, 612-571-0304/
 (RHOM) CO: The Rottlund Company ST: Minnesota IN: CST SU: ERN


AL -- MN010 -- 8235 11/06/92 14:22 EST
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Date:Nov 6, 1992
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