UNC Inc.

October 29, 1992

Despite a sluggish economy, this Annapolis-based aviation services company has shown continued improvement in its quarterly results, Dan A. Colussy, chairman and chief executive officer, pointed out in releasing third-quarter results yesterday.

Operating income was $6.6 million for the quarter, level with 1991, but interest expense was down 29 percent, to $2.9 million, compared with the 1991 third quarter.

Three months ended 9/30/92

..............Revenue............ Net............... Share

92...........95,285,000. ........3,232,000...........18

91.......... 91,624,000..........1,901,000...........11

% change.......... .+3.9..............+70.0..........+63.6

Nine months ended 9/30/92

.. ..........Revenue............ Net............. Share

92.........269,033,000.........8,362,000.........48

91..........264,358,000..........4,865,000..........28

% change...........+1.8..............+71.9........+71.4

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