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Cleveland Indians Baseball Company, Inc.
2401 Ontario Street, Cleveland, OH 44115 * (216) 420-4200

The company has been organized to serve as the sole general partner of the Partnership, which owns the 1997 American League Champion Cleveland Indians and manages Jacobs Field, the Indians' home ballpark.

Primary Underwriting Group
ManagerTierPhone
McDonald & Company Securities, Inc.Lead Manager (216) 443-2370

Offering Information
NASNTL:CLEV Service: SIC 7941
Type of Shares:Common Shares Filing Date:4/3/98
U.S. Shares:4,000,000 Offer Date:6/3/98
Non-U.S. Shares:0 Filing Range:$14.00 - $16.00
Primary Shares:4,000,000 Offer Price:$15.00
Secondary Shares:0 Gross Spread:$1.05
Offering Amount: $60,000,000 Selling:$0.60
Expenses:$2,000,000 Reallowance:$0.10
Post-IPO Shares:6,423,333
Employees:321

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Baker & Hostetler
Bank's Law Firm: Calfee, Halter & Griswold
Registrar/Transfer Agent: National City Bank
Auditor: Deloitte & Touche

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$140.03Assets:$118.15
Net Income:$22.57Curr Assets:$85.19
EPS:Liabilities:$120.70
Prior EPS:Curr Liab:$76.89
Cash Flow/Oper:$31.14Equity:-$2.55
Cash Flow/Fin:$7.40Cash:$3.73
Cash Flow/Inv:-$35.46Working Cap:$8.30

Use of Proceeds
The proceeds from the proposed offering will be used to acquire the general partnership interest in the Partnership.

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