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THE SAMUEL GOLDWYN CO. ANNOUNCES REVISED TIMING OF PROPOSED PUBLIC OFFERING

 LOS ANGELES, June 25 /PRNewswire/ -- The Samuel Goldwyn Co. (AMEX: SG) announced today that, after consultation with the managing underwriter, it anticipates that its previously announced proposed public offering of up to 1,437,500 shares of common stock will be completed in September, instead of late June, in order to include the company's financial results for the first quarter ended June 30, 1993, in the prospectus.
 The offering itself will be made only by means of a prospectus declared effective by the Securities and Exchange Commission.
 A registration statement relating to these securities has been filed with the SEC 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.
 The Samuel Goldwyn Co. is a diversified independent entertainment company engaged in the production and worldwide distribution of motion pictures and television programming and in theatrical exhibition.
 -0- 6/25/93
 /CONTACT: Hans Turner, CFO of The Samuel Goldwyn Co., 310-552-2255/
 (SG)


CO: The Samuel Goldwyn Co. ST: California IN: ENT SU: OFR

LS-JL -- LA005 -- 5659 06/25/93 10:32 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
Words:243
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