Globe Business Resources, Inc.
Ticker: GLBE 1925 Greenwood Avenue
Exchange: NASDAQ-National Market Cincinnati, Ohio 45246
Industry: Service (513) 771-8221

Type of Shares:Common Shares Filing Date:12/1/95
U.S. Shares:2,083,333 Offer Date:2/7/96
Non-U.S. Shares:0 Filing Range:$10.00 - $13.00
Primary Shares:1,396,104 Offer Price:$11.50
Secondary Shares:687,229 Gross Spread:$0.81
Offering Amount: $23,958,330 Selling:$0.48
Expenses:$770,000 Reallowance:$0.10
Shares Out After:3,991,455

ManagerTierPhone
A.G. Edwards & Sons, Inc.Lead Manager (314) 289-3000
Equitable Securities CorporationCo-manager (615) 780-9300

Auditor: Price Waterhouse
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
2/28/95 11/30/95 11/30/94 11/30/95
Revenue:$48.45$38.29$36.74Assets:$44.46
Net Income:$5.43$4.72$4.94Liabilities:$31.34
EPS:$1.10$0.96$1.06Equity:$13.12

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

Business Description
The company is the third largest company in the rent-to-rent segment of the furniture rental industry. The company rents quality office and residential furniture to a variety of corporate and individual customers. Unlike most of its competitors, the company actively markets the sales of new furniture. the company also sells furniture no longer meeting its showroom condition standards for rental through its clearance centers. The company markets its services through its sales force as well as through 23 showrooms located throughout the midwestern and western United States. The company distinguishes itself from its competitors by maintaining the majority of its showrooms in larger, contemporary superstore formats which combine showroom areas with a clearance center.

Use of Proceeds
The proceeds from the proposed offering will be used to repay outstanding bank debt, to redeem preferred stock and for other general corporate purposes.

Last updated: 10/28/96

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