CITY OF ST-LAURENT, Quebec--(BUSINESS WIRE)--Aug. 30, 1996-- LESSARD BEAUCAGE(ME: LBL ) For the three months period ended June 30, 1996, Lessard Beaucage Lemieux Inc. cReplica Girard Perregaux Watchontract revenues stood at $5,609,847 as compared to $7,546,951 for the previous year.

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Also, this year we recorded a net loss of $187,313 or 2.8 cents per share as compared to a net profit of $8,964 or 0,1 cents per share last year.

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As of June 30th, 1996, the Company's order book totals $13 million as opposed to $16 million at the sA.Lange&Sohne Replica Watchesame date last year. However, the Company is confident to realize the rentability objective for this year.

Working in the field of commercial and industrial construction, LBL specializes in the production and installation of exterior coverings consisting mainly of glass; curtain walls, atriums, entrances, etc.

CONTACT: Lessard Beaucage Lemieux inc.

Mr. Martin Tremblay, 514/737-4533 Poste 211