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THE FOOTHILL GROUP FILES REGISTRATION STATEMENT FOR PROPOSED OFFERING

THE FOOTHILL GROUP FILES REGISTRATION STATEMENT FOR PROPOSED OFFERING
 LOS ANGELES, March 25 /PRNewswire/ -- The Foothill Group Inc. (NYSE: FGI) announced today that it filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3 million shares of common stock. All of the shares are being issued and sold by the company.
 Mabon Securities Corp. and Stephens Inc. will co-manage the offering. The underwriters have been granted an over-allotment option to purchase an additional 450,000 shares.
 The Foothill Group Inc. is a financial services company principally engaged in asset-based commercial lending through Foothill Capital Corp., asset management services through its Capital Markets division and commercial real estate lending through Foothill Thrift and Loan.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 3/25/92
 /CONTACT: Henry K. Jordan, VP & CFO of The Foothill Group, 310-478-8383/
 (FGI) CO: The Foothill Group Inc. ST: California IN: FIN SU: OFR


JL-KJ -- LA021 -- 1607 03/25/92 15:11 EST
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Publication:PR Newswire
Date:Mar 25, 1992
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