Pride Automotive Group, Inc.
Proposed Ticker: LEAS
Exchange: NASDAQ-Small Cap Market Watford, Foreign
Industry: Financial

All share information is proposed
Type of Shares:Common Shares Filing Date:1/12/96
U.S. Shares Filed:950,000 Filing Price:$5.00
Non-U.S. Shares Filed:0 Offering Amount: $4,750,000
Primary Shares:500,000 Expenses:$390,000
Secondary Shares:450,000 Shs Out After:2,560,000

ManagerTierPhone
Mason Hill & CompanyLead Manager

Audited
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Unaudited
Income
Prior
Unaudited
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Net Income:Liabilities:
EPS:Equity:

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

Business Description
The company was formed by Pride, Inc. to acquire all the common shares of Pride Management Services PLC, an english holding company whose subsidiaries lease new automobiles to businesses, from Pride, Inc.

Use of Proceeds
The proceeds from the proposed offering will be used to reduce debt, finance marketing and advertising, purchase new vehicles and for working capital.

Last updated: 10/28/96

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