JD American Workwear, Inc.
Ticker:JDAW 46 Old Flat River Road
Exchange:NASDAQ-Small Cap Market Coventry, Rhode Island 02816
Industry:Manufacturing (800) 435-3267

Type of Shares:Common Shares Filing Date:11/20/95
U.S. Shares:750,000 Offer Date:1/11/96
Non-U.S. Shares:0 Filing Price:$6.25
Primary Shares:750,000 Offer Price:$6.25
Secondary Shares:0 Gross Spread:$0.56
Offering Amount: $4,687,500 Selling:$0.34
Expenses:$275,000 Reallowance:
Shares Out After:2,044,812

ManagerTierPhone
Merit Capital AssociatesLead Manager (203) 227-4300

Auditor: Eisner, Richard A.
6 Month Ending Financials
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
2/28/95 8/31/95 8/31/94 8/31/95
Revenue:$0.29$0.03$0.10Assets:$0.71
Net Income:-$0.59-$0.64-$0.23Liabilities:$2.53
EPS:-$0.38-$0.41Equity:-$1.82

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company designs, markets and sells a complete line of commercial and industrial workwear including a patented proprietary denim safety work jean and a uniform-style safety work pants. The company recently signed supply agreements that will enable it to offer a complete line of commercial and industrial footwear and workwear to complement its JD Safety Work Jeans and JD Safety Uniform Pants.

Use of Proceeds
To provide working capital for acquisition of raw materials, finance outside manufacturing costs for building up finished goods inventory to satisfy existing order backlog, current demand and expected future order flow, to repay certain accrued expenses, trade payables and promissory notes of the company, to commerce marketing of the company's uniform line, and for general corporate purposes.

Last updated: 12/22/96

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