Kirschner Medical Corp.

November 17, 1992

This Timonium-based orthopedic products company reported a third-quarter loss of $421,000, largely because of costs associated with two failed merger attempts and a loan restructuring. Kirschner projected the loss in October after it announced the restructuring agreement with Maryland National Bank.

Three months ended 9/30/92

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

'92 .. 16,157,000 .. ..(421,000) .. (0.17)

'91 .. 15,677,000 .. .. 905,000 .. 0.35

change .. .. +3.1 .. .. .. NA .. .. .. NA

Nine months ended 9/30/92

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

'92 .. .. ..53,011,000.. .. 763,000.. .. 0.30

.. .. .. 52,105,000 .. 2,528,000.. .. 1.00

% change .. .. +1.7 .. .. ..-69.8 .. .. ..-70.0

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