General Medical Inc.

Proposed Ticker: GENM		8741 Landmark Road
Exchange: NASDAQ-National Market		Richmond, Virginia 23228
Industry: Service		(804) 264-7500

All share information is proposed
Type of Shares:	Common Shares	Filing Date:	11/18/96
U.S. Shares Filed:	0	Filing Price:	-
Non-U.S. Shares Filed:	0	Offering Amount:	$172,500,000
Primary Shares:	0	Expenses:	-
Secondary Shares:	0	Shs Out After:

Manager	Tier	Phone
Smith Barney Inc.	Lead Manager	(718) 921-8473
Alex. Brown & Sons Incorporated	Co-manager	(410) 727-1700
CS First Boston	Co-manager	(212) 909-3312
Morgan Stanley & Co. Incorporated	Co-manager	(212) 703-4797

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	12/31/95	9/30/96	9/30/95		9/30/96
Revenue:	$1.49	$1.27	$1.10	Assets:	$0.69
Net Income:	-$0.02	-$1.06	-$0.02	Liabilities:	$0.63
EPS:				Equity:	$0.06
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 leading national distributor of medical and surgical supplies that services the full continuum of healthcare providers, from hospitals to physicians to extended care providers, and is the third largest distributor in the US. The company had 1995 revenues of approximately $1.5 billion, which were 58% from the acute care market ( hospitals and ambulatory surgical centers), 31% from the physician care market (physicians and clinics) and 11% from the extended care market (nursing homes and home healthcare organizations). The company is placing and increasing emphasis on sales to these markets through integrated healthcare networks which operate healthcare facilities across the market continuum.

Use of Proceeds

The proceeds from the proposed offering will be used to repay certain outstanding indebtedness of Holdings, to consummate the Debenture Tender Offer and to pay fees and expenses.

Last updated: 12/1/96