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WABASH NATIONAL CORPORATION ANNOUNCES SALE OF STOCK BY THE COMPANY AND ITS NON-MANAGEMENT, PRINCIPAL HOLDERS

 LAFAYETTE, Ind., Feb. 2 /PRNewswire/ -- Wabash National Corporation (NYSE: WNC) announced today the sale of 500,000 shares of common stock by the company along with 2,500,000 shares of stock by certain non- management, principal holders. The 500,000 shares being offered by the company represent less than 5 percent of the total shares currentlposes. The stock was sold at a price per share of $23.50.
 The offering was conducted by a group of underwriters led by Alex. Brown & Sons Incorporated and Wertheim Schroder & Co. Incorporated. The selling shareholders have also granted the underwriters an option to purchase up to an additional 450,000 shares to cover over-allotments. The management of the company is not selling any shares in the offering.
 Commenting on the sale, Donald J. Ehrlich, president and chief executive officer, stated: "We are pleased that we have been able to further expand the ownership base of the company and continue to be excited about the company's prospects. We remain focused on the many challenges and opportunities that await us, particularly sustaining the recent improvement in our production efficiencies; the growth of our finance company; and capitalizing on the domestic and international interest in our RoadRailer technology by both the truck and rail industry."
 Wabash National Corporation designs, manufactures and markets standard and customized truck trailers. The company believes that it is one of the two largest U.S. manufacturers of truck trailers, the leading manufacturer of both fiberglass reinforced plastic trailers and aluminum plate trailers, and through its RoadRailer Division, a leading manufacturer of bimodal vehicles.
 -0- 2/2/93
 /CONTACT: Donald J. Ehrlich, president and chief executive officer of Wabash National, 317-449-5310/
 (WNC)


CO: Wabash National Corporation ST: Indiana IN: AUT SU: OFR

AL -- MN006 -- 1748 02/02/93 10:24 EST
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Publication:PR Newswire
Date:Feb 2, 1993
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