SIMI VALLEY, Calif.--Nov. 6, 1995--Tandberg
        Data Inc. has announced the completion of a plan that has resulted
        in the doubling of its manufacturing capacity at its Oslo, Norway
        manufacturing plant.
        

            The announcement is intended to reassure high capacity tape
        drive OEMs, VARs and resellers that Tandberg Data is capable of
        supplying enough products to satisfy customers requirements that
        previously were sourced from Rexon
and other manufacturers.  Rexon
        announced on Sept. 13 of this year that they were filing a voluntary
        petition for relief under the provisions of Chapter 11 of the U.S.
        Bankruptcy Code in the U.S. Bankruptcy Court for the District of
        Colorado.  Rexon has sold high capacity tape drives under the
        Wangtek brand name.
        

            "The situations with Rexon and other tape drive manufacturers
        have only added to what was already a high growth year for our
        company's product sales to new OEM and VAR/reseller accounts," said
        David L. Griffith, president and CEO of Tandberg Data Inc.  "We
        already held more than 80 percent of the 1.3GB and higher tape drive
        market before Rexon's bankruptcy filing and other manufacturer's end
        of production announcements.  These events have created apprehension
        among some OEM and VARs that have high demand for the type of
        products that we make.  The increase in our Oslo factory's capacity
        has been going on for several quarters, so we have been able to
        respond with the necessary capacity to service virtually all of the
        requirements from Rexon and other manufacturers."
        

            Tandberg Data is presently shipping evaluation quantities to a
        small numbers of OEMs of the new TDC 6100 -- a 13GB (26GB with
        included hardware data compression) QIC tape drive.  The company
        expects to begin volume production of this new drive in Q1 1996.
        

            "The increased factory output will allow us to absorb Rexon and
        other companies' customer demands and still be able to meet the TDC
        6100 roll out schedules," Griffith said.
        

        Tandberg Data Inc.
        

            Tandberg Data Inc.  is a pioneer in streaming tape technology
        and is the leading worldwide supplier of high-speed, high-capacity
        QIC tape drives and related products for computer backup, archival
        storage and software distribution.  Tandberg Data's products are
        also sold through distributors, including Tech Data, Merisel,
        Western Microtechnology and Gates/Arrow.  Major OEM customers
        include IBM, Digital Equipment Corp, H.P.'s Colorado Memory Systems
        Division, AT&T and Sun Microsystems.  Tandberg Data is a subsidiary
        of Tandberg Data A/S of Oslo, Norway.  
        

        CONTACT:  Fisher Business Communications Inc.,
                  William L. Prichard or Robert J. Fisher, 714/556-1313
                           or
                  Tandberg Data Inc.,
                  Kathryn Lodato, 805/579-1000
        

        
            PRINCETON, N.J., Nov. 6, 1995 -- href="dir.bankruptcy.html">Bankruptcy Creditors'
        Service, Inc., today announced publication of href="chap11.edison.s001.html">EDISON BROTHERS
        BANKRUPTCY NEWS.  As widely reported, href="chap11.edison.html">Edison Brothers Stores, Inc.
        (NYSE: EBS), based in St. Louis, filed for protection from its
        creditors under chapter 11 of the United States Bankruptcy Code late
        last week in Wilmington, Del.
        

            "EDISON BROTHERS BANKRUPTCY NEWS - like our href="ftp://bankrupt.com/Bankruptcy_News/">other case-specific
        bankruptcy newsletters - will provide on-going, in-depth news and
        reporting about the chapter 11 reorganization undertaken by The
        Edison Brothers," says Peter A. Chapman, President of Bankruptcy
        Creditors' Service, Inc., and Editor of EDISON BROTHERS BANKRUPTCY
        NEWS.
        

            Chapman explains that attorneys, creditors, and investors
        involved in bankruptcy cases the size of Edison Brothers' quickly
        find BCSI's case-specific newsletters to be an invaluable resource
        as they attempt to wade through the mountains of paper that are
        filed with the Bankruptcy Court and long hours of court hearings.
        

        The first issue of EDISON BROTHERS BANKRUPTCY NEWS includes:

         
• background information about Edison Brothers' operations;
           
• current balance sheets data;
           
• detailed information extracted from Edison's scores of chapter
             11 bankruptcy petitions;
           
• Edison Brothers' list of its 35 largest unsecured creditors;
             and
           
• a calendar of the key dates, deadlines and up-coming court
             hearings scheduled in Edison Brothers' chapter 11
             reorganization.
          

         
• Edison Brothers' cash collateral agreement with Bankamerica
             Business Credit, Inc.;
           
• Edison Brothers' applications to employ professionals; and
           
• the small handful of first-day motions brought before Judge
             Walsh to keep every store open for business following the
             chapter 11 filings.
          

            Chapman stated that one copy of today's first
issue of EDISON
        BROTHERS BANKRUPTCY NEWS is available at no charge upon request.

        
            Chapman further advised that individuals with access to the
        Internet may obtain copies of the first issue of EDISON BROTHERS
        BANKRUPTCY NEWS at href="chap11.edison.html">http://bankrupt.com/chap11.edison.htmlor
        href="ftp://bankrupt.com/Bankruptcy_News/Edison_Brothers">ftp://bankrupt.com/Bankruptcy_News/Edison_Brothers
from the InterNet" target=_new>http://bankrupt.com/index.html">InterNetBankruptcy  
Library.
        

        /CONTACT: Peter A. Chapman of href="dir.bankruptcy.html">Bankruptcy Creditors' Service, Inc.,
        609-924-8949, or fax, 609-924-8963, or E-mail: href="mailto:peter@bankrupt.com">peter@bankrupt.com/

        
            TROY, Mich., Nov. 6, 1995 -- Kmart Corporation
(NYSE: KM)
        said today that certain of its existing real estate debt contains
        provisions under which the debt can be "put back" to the company in
        certain circumstances.  The company noted that nothing has occurred
        to trigger the "put" provisions and the company does not anticipate
        a triggering event.  In order to remove any uncertainty the "put"
        provisions may create, however, Kmart has initiated discussions with
        the holders of the debt.
        

            The real-estate debt totals $681 million related to about 60
        stores, and consists of $241 million in revolving bank facilities
        supporting store construction and $440 million in permanent mortgage
        or lease financing.  The debt can be "put back" to Kmart if its
        credit rating falls below investment grade.  Kmart noted that it has
        met recently with its debt rating agencies and will not speculate
        about the outcome of those conversations.  The company's long term
        debt rating is under review at both Standard & Poor's and Moody's
        and is currently two levels above non-investment grade at both
        rating agencies.  If more than $100 million of this real estate debt
        were "put back" to the company and Kmart could not obtain a waiver
        or otherwise resolve the matter, it could be subject to repayment of
        outstanding borrowings under its lines of credit.
        

            "Given the significant operational improvements made in 1995 and
        the strength of the company's balance sheet, we do not anticipate
        that Kmart will lose its investment grade rating," said Marvin P.
        Rich, executive vice president, strategic planning, finance and
        administration.  "While we do not believe these puts will become an
        issue, we have a game plan to address them and are moving
        aggressively to remove any uncertainty. We are working with outside
        advisors to resolve this issue."
        

        Kmart also said that:

            
• The company's balance sheet is strong.  Current
  liabilities
          and long-term debt have been reduced by more than $2 billion at mid-
          year 1995 over the prior year.
          
              
• Kmart has debt capacity to finance its operations.  The
          company has approximately $2.9 billion in lines of credit.
          
              
• Kmart said that it expects seasonal borrowing to peak at
          approximately $2.1 billion shortly before Thanksgiving, the lowest
          level since 1992.  The company also said it expects to have paid off
          its credit lines in the period after the Christmas holidays.
          

        /CONTACT:  Robert M. Burton, Director of Investor Relations,
        810-643-1040, or Shawn M. Kahle, Vice President of Corporate
        Affairs,
        810-637-4201, both of Kmart/

        
            NEW YORK, Nov. 6, 1995 -- Riddell Sports Inc.
(Nasdaq:
        RIDL) today noted that its footwear licensee, Pursuit Athletic
        Footwear, Inc. and Pursuit's parent, href="chap11.riddell.html">Riddell Athletic Footwear,
        Inc., had filed for bankruptcy court protection in Delaware.
        Pursuit and Riddell Athletic Footwear are not affiliated with the
        Company other than through its licensing arrangement.  A Riddell
        Sports representative stated that although it had been receiving
        royalties from this licensee, the royalties were not significant to
        the Company's results, and the bankruptcies would not materially
        adversely affect the Riddell Sports' earnings.
        

            Riddell Sports Inc. is the world's leading manufacturer and
        reconditioner of football equipment.  The Company sells football
        helmets and shoulder pads and other sports protective equipment
        under the Riddell brand, and provides reconditioning services under
        the All American name.  The Company also licenses the Riddell and
        MacGregor trademarks for use on athletic footwear, leisure apparel
        and sports equipment.
        

        /CONTACT:  Lisa Marroni of Riddell Sports Inc., 212-826-4300/

        
            Security of Revenue Stream, Stability of Airport Enterprise and
        Strong Credit Fundamentals Are Balanced Against Operating
        Constraints, Airport's Position Within County Government, and
        Possible Sale or Transfer of Airport

        
            NEW YORK--Nov. 6, 1995--Effective today,
        Moody's Investors Service reinstated at A the previously suspended
        rating on the airport revenue bonds of href="chap11.orange.html">Orange County, California
        -- John Wayne Airport.  The new rating is a downgrade from the A1
        that was maintained on the airport until the rating was suspended in
        December 1994 in connection with the bankruptcy of Orange County.
        Adam J.  Whiteman, vice president in Moody's Revenue Specialties
        Group and senior credit officer for airport ratings, noted the
        apparent insulation of the airport's operating revenue stream from
        Orange County's financial problems.  
        

            Whiteman said that "the airport is still in technical default,
        reflecting the county's bankruptcy status and the lack of audited
        financial statements,"  but he said that "debt service continues to
        be paid and bondholder security is not compromised.  The airport's
        loss of roughly $14 million as part of the county's settlement is
        not problematic given the limited scope of capital needs and the
        remaining cash balances."  
        

            Whiteman warned, however, that the airport "is an operating unit
        within a county that is in turmoil."  
        

            The credit outlook remains uncertain, said Whiteman, "given the
        county's willingness to view sale or transferral of the airport as
        an option or a potential solution to the county's financial
        problems."  Since December, Whiteman said, "the county has
        considered a number of strategies to solve its financial problems,
        many of which involve the airport.  The county has entertained the
        options of both transferring and selling the airport either with or
        without future development of the El Toro military base.  The
        constraints placed on the credit given its status as an operating
        department of the county have been taken into account in the
        rating."  Whiteman enumerated the following points in support of the
        A rating:
        

           
• Apparent security of the revenue stream for debt service
          payment.  Whiteman noted that "the declaration of bankruptcy by the
          county was considered an event of default by the revenue bond
          trustee,"  but he said that the airport did meet all debt service
          requirements and was not forced to use any funds from the Debt
          Service Reserve Fund.  "The airport debt is still in technical
          default according to the trustee and is expected to remain so until
          the county is out of bankruptcy and audited financial statements are
          available,"  said Whiteman, but he added that "the airport has
          demonstrated the ongoing ability to service the airport's revenue
          debt from airport revenues."  
          
              
• Protected nature of airport's revenue stream helps to isolate
          it from county's financial situation.  Whiteman said that the
          reinstatement of the airport's revenue bond debt rating has been
          done in conjunction with the receipt of an opinion from Bond
          Counsel, stating that the revenues derived from the airport fall
          within the definition of special revenues in the Bankruptcy Code and
          are therefore entitled to special protection.  (Whiteman noted that
          Counsel did not opine on the nature of the airport funds that were
          collected pre-petition and that are currently in the county's
          investment pool.)
          
            
• Strong airport credit fundamentals despite operating
          constraints.  Whiteman said that the airport's positive credit
          characteristics include "a strong O&D market within the Los Angeles
          service area, a good carrier mix, and favorable financial and
          operational ratios."  He said that these factors mitigate the severe
          constraints imposed on the airport by a curfew limiting operations
          to 15 hours per day (7 a.m.  to 10 p.m.).  
          
              
• Despite relatively stable nature of the enterprise
  system, its
          position within the county government is a credit negative.
          Whiteman listed fundamental aspects of operations, including cash
          management and the future direction and ownership of the airport,
          that are impacted by the ongoing events in the county.  "Although
          the airport is somewhat insulated in terms of the county's inability
          to tap into airport revenues,"  Whiteman said, "the airport must
          obtain approval from the county board of all airline contracts,
          increases in airport fees and charges, and any transaction above
          $25,000.  In addition, all payment of vendors and payroll must be
          made through the county."
          
             
• County's bankruptcy has not affected airport operations,
          though financial practices have been modified.  Whiteman said that
          with respect to the effect of the county's bankruptcy on airport
          operations, the biggest issue to date has been the ongoing
          disposition of airport revenues.  Whiteman explained that all
          airport revenues were deposited with the county treasurer and
          invested in the county pool per the county's government code.  "In
          January 1995,"  he said, "the county permitted the airport to open a
          checking account into which all airport revenues are now deposited.
          This satisfied the FAA and airline concerns regarding commingling of
          airport revenues with other county funds.  The funds from the
          checking account are transferred to the county treasurer to pay for
          airport expenses as needed.  While airport and county officials have
          been discussing long-term alternatives to the current arrangement,"
          Whiteman said, "further isolating the airport from the county with
          respect to cash management and investments would likely require a
          change in the county code."  
          
             
• Airport balances are reduced as a result of county's workout
          plan, although no major credit impact is seen.  Whiteman said that
          the county's bankruptcy workout reduced the airport's cash balances,
          which were invested in the pool, by 22.5%, or $14 million.  He
          noted, however, that the airport's capital improvement needs are
          limited.  "While the cash loss is troubling,"  said Whiteman, "it is
          manageable in light of the airport's historic financial performance
          and modest future capital needs."  
          
              
• Ultimate credit impact of sale or transfer of airport is
          uncertain.  Whiteman said that a number of proposals have been made
          regarding the possible sale or transfer of the airport to another
          entity.  In the opinion of Bond Counsel, Whiteman said, "transfer of
          the airport to another governmental entity which would assume the
          ownership and operation could be done without bondholder approval."
          The sale of the airport, however, would require bondholder approval.
          Whiteman said that if the county were to attempt to transfer the
          airport to another governmental agency and receive something in
          exchange, even a reduction in claims against the county, a challenge
          by the airlines would result, because of the precedent such a move
          would establish with regard to revenue diversion across the nation.
          "Given the current legal and regulatory constraints,"  said
          Whiteman, "it would seem difficult and uneconomic for the county to
          sell or transfer the airport to any other entity at this time."