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Los Angeles County

January 14, 1988

Bill LeVine, 67, has resigned as chairman and director of Postal Instant Press Inc. The company has completed the previously announced purchase of 278,337 shares, or about 6.7% of the company's common stock, at a price of $12.75 per share, from LeVine and members of his family. LeVine will remain as a consultant through June, 1990. Los Angeles-based Postal Instant Press has printing franchises located throughout the United States, Canada and the United Kingdom.

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