U.S. Transportation Systems, Inc.
Ticker: USTS
Exchange: NASDAQ-Small Cap Market Elmsford, New York
Industry: Transportation

Type of Shares:Common Shares Filing Date:5/1/96
U.S. Shares:1,815,000 Offer Date:8/27/96
Non-U.S. Shares:0 Filing Price:$5.13
Primary Shares:1,815,000 Offer Price:$3.83
Secondary Shares:0 Gross Spread:$0.34
Offering Amount: $9,301,875 Selling:$0.20
Expenses: - Reallowance:$0.10
Shares Out After: -

ManagerTierPhone
First London Securities CorporationLead Manager (206) 220-0690
La Jolla Capital CorporationCo-manager (619) 483-8600

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

Business Description
The company is a multi-faceted transportation and entertainment company specializing in the operation, management and manufacture of transportation systems for private industry, municipalities and airports throughout the United States.

Use of Proceeds
The proceeds of the offering will be used for general corporate purposes.

Last updated: 10/28/96

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