FOR IMMEDIATE RELEASE                                          AT
THURSDAY, FEBRUARY 13, 1997                        (202) 616-2771
                                               TDD (202) 514-1888


 FIGGIE INTERNATIONAL AND ITS FORMER CEO WILL PAY CIVIL PENALTIES
     FOR VIOLATING ANTITRUST PREMERGER REPORTING REQUIREMENTS

     WASHINGTON, D.C. -- An Ohio manufacturer of industrial and
consumer products and its founder will each pay a $75,000 civil
penalty to settle charges that they violated premerger reporting
requirements, said the Department of Justice.

     The Department's Antitrust Division today, at the request of
the Federal Trade Commission, filed a civil suit against the
Willoughby, Ohio-based Figgie International Inc. and its former
CEO and Chairman, Harry E. Figgie Jr. of Hunting Valley, Ohio.

     The complaint charged that Figgie, who was the majority
shareholder of another company with greater than $10 million in
sales or assets, acquired more than 15 percent of the voting
securities of Figgie International valued at about $28 million,
without complying with antitrust premerger notification
requirements.

     The suit and proposed settlement were filed in U.S. District
Court in Washington, D.C.  The settlement, which must be approved
by the court, would settle the suit.

     The Hart-Scott-Rodino Act of 1976 imposes notification and
waiting period requirements on individuals and companies over a
certain size before they consummate acquisitions of stock or
assets over a certain value or ownership percentage.

     A description of the case is contained in the attached press
release from the Federal Trade Commission.

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97-067