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European Micro Holdings, Inc.
6073 N.W. 167th Street, Unit C-25, Miami, FL 33015 * (305) 825-2458

The company was formed in December 1997 to serve as the holding company for European Micro PLC. The company is an independent distributor of microcomputer products mainly in Western Europe and to related parties in the United States.

Primary Underwriting Group
ManagerTierPhone
Tarpon Scurry Investments, Inc.Lead Manager (800) 959-1481

Offering Information
NASNTL:EMCC Wholesale: SIC 5045
Type of Shares:Common Shares Filing Date:1/16/98
U.S. Shares:1,100,000 Offer Date:4/6/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:1,000,000 Offer Price:$10.00
Secondary Shares:100,000 Gross Spread:$0.00
Offering Amount: $11,000,000 Selling:$0.00
Expenses:$652,000 Reallowance:$0.00
Post-IPO Shares:5,000,000
Employees:24

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Kirkland & Ellis
Bank's Law Firm: Holland & Knight
Registrar/Transfer Agent: ChaseMellon Shareholder Services, L.L.C.
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
6/30/97 9/30/97 9/30/96 9/30/97
Revenue:$46.66$24.11$8.70Assets:$14.57
Net Income:$1.03$0.48$0.29Curr Assets:$13.92
EPS:$1.03$0.49$0.29Liabilities:$11.65
Prior EPS:$0.85Curr Liab:$11.60
Cash Flow/Oper:$0.25-$1.61$1.04Equity:$2.92
Cash Flow/Fin:-$0.12$2.58-$1.01Cash:$1.20
Cash Flow/Inv:-$0.41-$0.01-$0.04Working Cap:$2.32

Use of Proceeds
The proceeds from the proposed offering will be used to fund operations of European Micro subsidiary, for expansion, sales and marketing, working capital and for general corporate purposes.

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