Columbia Real Estate Investments Inc.RH...

EARNINGS

November 19, 1993

Columbia Real Estate Investments Inc.

RH.. .. .. .. .. ..Ticker.. .. .. .. .. .. .. ..Yesterday's.. .. .. .. ..

.. .. .. .. .. ..Symbol .. .. .. .. .. .. .. .Cls.. .. .. .. .. ...Chg.

.. .. .. .. .. ..CIV .. .. .. .. .. .. .. .. .8 1/8 .. .. .. .. .. .. .. - 1/4

Period ended

Sept. 30 .. .. .. ..3rd qtr.. .. .. ..Year ago .. .. .. .. .. .. Chg.

Revenue .. .. .. .. $3,003 .. .. .. ..$5,546 .. .. .. .. .. .. ..-45.9%

Net Income .. .. .. $459 .. .. .. .. .$1,295 .. .. .. .. .. .. ..-64.6%

Primary EPS .. .. ..$0.12 .. .. .. .. $0.29 .. .. .. .. .. .. .. -58.6%

.. .. .. .. .. .. ..9 mos.. .. .. .. ..Year ago .. .. .. .. .. .. Chg.

Revenue .. .. .. ..$10,380 .. .. .. .. $18,756 .. .. .. .. .. .. .-44.7%

Net Income .. .. ..$1,714 .. .. .. .. .$1,364 .. .. .. .. .. .. ..+25.7%

Primary EPS .. .. .$0.43 .. .. .. .. ..$0.30 .. .. .. .. .. .. .. +43.3%

Figures in thousands (except per share data.)

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