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THOMSON ADVISORY GROUP REPORTS FIRST QUARTER EARNINGS AND DISTRIBUTION

 STAMFORD, Conn., April 20 /PRNewswire/ -- Thomson Advisory Group L.P. (NYSE: TAG) today announced earnings for the three months ended March 31, 1993, of $5.8 million, or $.58 per unit, on revenues of $13.5 million. This compares to first quarter 1992 earnings of $5.6 million, or $.56 per unit, on revenues of $12.7 million. First quarter 1993 earnings were negatively impacted by approximately $.10 per unit due to the mid-February loss of approximately $1.5 billion from Cash Accumulation Trust as well as the previously announced marketing reimbursement program with Thomson Investor Services Inc., the partnership's affiliated mutual fund distributor.
 The partnership also declared a first quarter distribution of $.35 per unit. The record date for this distribution will be May 1, 1993. Payment date will be May 10, 1993.
 Thomson Advisory Group also announced that its Unit Option Plan for key employees has been increased by 250,000 units to now cover a total of 1,500,000 units. A total of 700,000 of these units are now being issued to key employees. Five hundred thousand units had previously been issued to Irwin Smith, chairman of Thomson Advisory Group L.P.
 Thomson Advisory Group L.P. manages the Thomson Fund Group and Cash Accumulation Trust and through its Columbus Circle Investors division serves as adviser to private accounts, mostly institutional. As of March 31, 1993, Thomson Advisory Group L.P. managed approximately $9.5 billion in assets.
 THOMSON ADVISORY GROUP L.P.
 Summary Consolidated Statements of Income
 (Unaudited, in thousands except per unit amounts)
 Three months ended March 31 1993 1992
 Revenues $13,510 $12,688
 Net income $ 5,805 $ 5,646
 Net income per unit $.58 $.56
 Quarterly distribution per unit (A) $.35 $.32
 Assets under management (in billions) $ 9.5 $ 10.0
 (A) -- Represents distributions paid in arrears with respect to the earnings for the three months ended March 31, 1993 and 1992, respectively.
 -0- 4/20/93
 /CONTACT: Andrew Meyers of Thomson Advisory Group, 203-352-4940/
 (TAG)


CO: Thomson Advisory Group L.P. ST: Connecticut IN: FIN SU: ERN

LD-GK -- NY104 -- 8317 04/20/93 17:08 EDT
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Date:Apr 20, 1993
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