Avemco Corp. ....... Ticker...

EARNINGS

July 17, 1996

Avemco Corp. ....... Ticker ........... Yesterday's

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

......................... AVE .............. $14.125 .. -12.5

Period ended

June 30 ............ 2nd qtr. ......... Year ago ....... Chg.

Revenue ............ $33,146 .......... $29,859 ........ +11.0%

Net Income ......... $4,702 ........... $2,669 ......... +76.2%

Primary EPS ........ $0.55 ............ $0.30 .......... +83.3%

.................... 6 mos. ........... Year ago ....... Chg.

Revenue ............ $61,524 .......... $55,863 ........ +10.1%

Net Income ......... $7,389 ........... $5,483 ......... +34.8%

Primary EPS ........ $0.86 ............ $0.62 .......... +38.7%

Figures in thousands (except per share data)

Pub Date: 7/17/96

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