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STARBUCKS COFFEE ANNOUNCES INITIAL PUBLIC OFFERING

 STARBUCKS COFFEE ANNOUNCES INITIAL PUBLIC OFFERING
 SEATTLE, June 25 /PRNewswire/ -- Starbucks Corp. (NASDAQ-NMS: SBUX), d/b/a Starbucks Coffee Co., announced today that the initial public offering and trading of its common stock will commence Friday, June 26, on the NASDAQ National Market System under the trading symbol "SBUX." The initial public offering price for the 2,100,000 shares of Starbucks common stock will be $17 per share. Of the shares being offered, 1,500,000 shares will be sold by the company and 600,000 shares will be sold by certain shareholders of the company.
 Alex, Brown & Sons Inc. and Wertheim Schroder & Co. Inc. co-managed the offering.
 Starbucks Coffee Co. is the leading specialty coffee retailer in North America. The company currently operates 140 stores in the metropolitan areas surrounding Seattle; Chicago; Vancouver, British Columbia, Canada; Portland, Ore.; and Los Angeles, San Francisco, and San Diego, Calif. The company also has a specialty sales (wholesale) division serving restaurants and institutions and a national direct mail business.
 -0- 6/25/92
 /CONTACT: Orin Smith of Starbucks, 206-447-1575/
 (SBUX) CO: Starbucks Corp.; Starbucks Coffee Co. ST: Washington IN: FOD SU: OFR


LM-JH -- SE011 -- 4014 06/25/92 18:17 EDT
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Publication:PR Newswire
Date:Jun 25, 1992
Words:200
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