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ORANGE COUNTY EARNINGS

May 16, 1997

Rockford Industries Inc.: The Santa Ana specialty finance company said net income for the first quarter increased 27% to $840,000, or 19 cents a share, from $659,000, or 15 cents a share, for the comparable period last year. Revenue totaled $4.6 million, compared with $22.6 million for the prior-year period. The company said the decrease in revenue was due to an accounting change made Jan. 1.

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