Historic Bellefonte Brewery, Inc., The

Proposed Ticker: -		P.O. Box 389
Exchange: NASDAQ-Small Cap Market		Bellefonte, Pennsylvania 16823
Industry: Manufacturing		(814) 355-8994

All share information is proposed
Type of Shares:	Common Shares	Filing Date:	11/14/96
U.S. Shares Filed:	1,250,000	Filing Price:	$10.00
Non-U.S. Shares Filed:	0	Offering Amount:	$12,500,000
Primary Shares:	1,250,000	Expenses:	$200,000
Secondary Shares:	0	Shs Out After:

Manager	Tier	Phone
Non-Underwritten	Lead Manager

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
		7/31/96			7/31/96
Revenue:		$0.00		Assets:	$0.15
Net Income:		-$6.85		Liabilities:	$0.11
EPS:				Equity:	$0.04
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company was recently formed to build and operate a premier regional craft brewery in the historic, one hundred year old Match Factory building in Bellefonte, Pennsylvania. The company intends to purchase and install a premium brewhouse, capable of annually producing initially 30,000 barrels and eventually as much as 100,000 barrels of high-quality lagers. The company intends to develop a premium line of lager beers to be sold under the Bellefonte brand name and other company-owned labels and names. All of the company's beers will be brewed utilizing the natural spring water from the Bellefonte Big Spring in Bellefonte, Pennsylvania. In addition, the company's equipment will enable it to produce certain soft drinks, hard ciders and draft ciders.

Use of Proceeds

The proceeds from the proposed offering will be used to renovate equip and operate the proposed brewery and the public areas on the brewery property.

Last updated: 12/1/96