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To: REM who wrote (5357)	12/11/1997 10:30:00 AM
From: pat w.	Respond to of 9262

Labor Ready Says It Is Continuing Stock Buyback Program; Says Stock is Undervalued, Company Will Meet or Beat Street Earnings Expectations PR Newswire - December 10, 1997 14:09 LBOR V%PRN P%PRN -------------------------------------------------------------------------------- Jump to first matched term TACOMA, Wash., Dec. 10 /PRNewswire/ -- Labor Ready, Inc. (Nasdaq: LBOR) said today that it considered recent weakness in its stock a buying opportunity and was going into the open market to continue a previously announced stock buyback program. Glenn Welstad, chairman and chief executive officer of the nation's largest temporary provider of manual labor, said he was extremely comfortable that Labor Ready would "meet, if not beat Street earnings" expectations for calendar 1997 which range up to 34 cents. Welstad said that as for 1998, the Company believes that it will easily surpass the Street's high estimate of 56 cents. Welstad noted that, because of the continuing bright outlook, Labor Ready, which operates 313 dispatch offices in the United States and Canada, intends to open an additional 125 to 150 offices during the first half of 1998. He pointed out that strong sales gains were coming from both new stores in new geographical areas as well as older stores in older markets. "The demand for light industrial staffing services is increasing and we are uniquely equipped to meet the demand," Welstad added. Tacoma, Washington-based Labor Ready is the nation's leading provider of temporary workers to the light industrial, construction and small business markets. This release may contain forward-looking statements of information that involve risks and uncertainties. The Company's actual results could differ materially from the results identified in any forward-looking statements. Factors that could cause such a difference include, but are not limited to, those set forth in Item 7 entitled Management's Discussion and Analysis of Financial Conditions and Results of Operations in the Company's From 10-K for the year ended December 31, 1996. SOURCE Labor Ready, Inc. /CONTACT: Richard Stern or Jeffrey Goldberger of Stern & Co., 212-888-0044; or Joe Sambataro, Chief Financial Officer of Labor Ready, 800-610-8920 ext. 3203/ (LBOR)