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THIRD QUARTER FINANCIAL REPORT DELAYED

 GLENDALE, Calif., April 30 /PRNewswire/ -- GLENFED Inc. (NYSE: GLN) today said that in connection with its continuing recapitalization efforts, the company has asked its independent accountants to complete an audit of the company's financial statements as of March 31, 1993 and for the nine months ended that date.
 The company expects to release its third quarter and fiscal year- to-date results upon completion of the audit, which is expected in mid-May.
 -0- 4/30/93
 /CONTACT: Judy Cunningham, 818-500-2274, or Jeff Misakian, 818-500-2824, both of GLENFED/
 (GLN)


CO: GLENFED Inc. ST: California IN: FIN SU:

EH-LS -- LA020 -- 3264 04/30/93 13:48 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:104
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