Nordic Equity Partners Corporation

Proposed Ticker: NEPC		120 Wall Street
Exchange: NASDAQ-National Market		New York, New York 10005
Industry: Wholesale		(212) 269-1400

All share information is proposed
Type of Shares:	Common Shares	Filing Date:	9/27/96
U.S. Shares Filed:	1,300,000	Filing Price:	$7.00
Non-U.S. Shares Filed:	0	Offering Amount:	$9,100,000
Primary Shares:	775,000	Expenses:	$174,450
Secondary Shares:	525,000	Shs Out After:	3,175,000

Manager	Tier	Phone
Mason Hill & Company	Lead Manager

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95	6/30/96	6/30/95		6/30/96
Revenue:	$25.53	$13.67	$12.27	Assets:	$11.67
Net Income:	$0.51	$0.42	$0.38	Liabilities:	$2.96
EPS:	$0.11	$0.22	$0.06	Equity:	$8.71
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company imports and distributes products for use in the electronic, electrical and audio visual industries, and designs, assembles and distributes lathes, sells lathe spare parts to existing lathe owners and repairs lathes owned by third parties. Nortelco, a subsidiary of the company imports and distributes over 10,000 products for use in the electronic, electrical and audio visual industries to over 1,000 customers throughout Norway and Sweden. the prices of its products range from $1.00 to $100,000. Nortelco's product strategy is to have its product line consist substantially of "niche" products. Nortelco does not manufacture any products that it distributes. Nortelco purchases its products from over thirty non-affiliated third party manufacturers worldwide including Germany and the United States.

Use of Proceeds

The proceeds from the proposed offering will be used for repayment of indebtedness, acquisition of businesses and working capital.

Last updated: 10/28/96