TALX Corporation
Ticker:TALX 1850 Borman Court
Exchange:NASDAQ-National Market St. Louis, Missouri 63146
Industry:High-Tech (314) 434-0046

Type of Shares:Common Shares Filing Date:8/28/96
U.S. Shares:2,000,000 Offer Date:10/16/96
Non-U.S. Shares:0 Filing Range:$9.00 - $11.00
Primary Shares:2,000,000 Offer Price:$9.00
Secondary Shares:0 Gross Spread:$0.63
Offering Amount: $20,000,000 Selling:$0.35
Expenses:$850,000 Reallowance:$0.10
Shares Out After:5,238,975

ManagerTierPhone
First Albany CorporationLead Manager (800) 833-4168
Principal/Eppler, Guerrin & Turner, Inc., TheCo-manager (214) 880-9000

Auditor: KPMG Peat Marwick
3 Month Ending Financials
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
3/31/96 6/30/96 6/30/95 6/30/96
Revenue:$13.52$4.29$2.91Assets:$14.69
Net Income:-$0.58$0.37$0.08Liabilities:$9.29
EPS:-$0.17-$0.11Equity:$5.40

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

Business Description
The company designs and implements interactive communications solutions. The company does this primarily for Fortune 500 organizations other than telephone service providers, using computer telephony to integrate technologies such as interactive voice response, facsimile, e-mail, Internet and corporate Intranet. The company's interactive communications solutions enable an organization's employees, customers, vendors and business partners to access, input and update information without human assistance. The company's solutions enhance service levels, improve productivity and reduce costs by enabling Users to perform self-service transactions using interactive communications technologies. Historically, the company has designed and implemented "tailored" systems that provide an organization's Users with access to databases of information relating to that organization.

Use of Proceeds
The proceeds from the offering will be used for repayment of bank debt and subordinated debt and for general corporate purposes.

Last updated: 12/22/96

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