Westwood Homestead Financial Corporation
Ticker: WEHO 3002 Harrison Avenue
Exchange: NASDAQ-National Market Cincinnati, Ohio
Industry: Financial

Type of Shares:Common Shares Filing Date:3/12/96
U.S. Shares:2,472,500 Offer Date:10/4/96
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:2,472,500 Offer Price:$10.00
Secondary Shares:0 Gross Spread:$0.39
Offering Amount: $24,725,000 Selling:
Expenses: - Reallowance:
Shares Out After: -

ManagerTierPhone
Charles Webb & CompanyLead Manager (614) 766-8400
Friedman, Billings, Ramsey & Co., Inc.Co-manager (703) 312-9500

Auditor: KPMG Peat Marwick
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/95 3/31/96 3/31/95 3/31/96
Revenue:$7.02$1.86$2.04Assets:$97.89
Net Income:-$0.22$0.10$0.18Liabilities:$83.47
EPS:Equity:$14.42

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

Business Description
The company is an S & L holding company.

Use of Proceeds
The proceeds from the proposed offering will be used to purchase all of the capital stock of the Bank to be issued in the conversion in exchange for up to 50% of the net proceeds of the conversion.

Last updated: 11/3/96

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