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To: Carole who wrote (923)	2/27/1998 2:04:00 PM
From: Instock	Read Replies (2) \| Respond to of 1488

< FAME > NEWS, Great Cash position, Good earnings: Comments? 6 7/8 Now, $7 is 52 week high, could break out on news! biz.yahoo.com Friday February 27, 1:17 pm Eastern Time Company Press Release SOURCE: Flamemaster Corporation Flamemaster Corporation Declares a Special 20% Stock Dividend SUN VALLEY, Calif., Feb. 27 /PRNewswire/ -- The Flamemaster Corporation (Nasdaq: FAME - news), today announced that its Board of Directors declared a special 20% stock dividend to be paid on April 9, 1998 to shareholders of record March 26, 1998. No fractional shares will be issued. Fractional shares will be paid in cash at the rate of $6.25 per share. Mr. Joseph Mazin, Flamemaster's CEO stated, ''The Company's solid performance of sustained profitability and success in new product development deserves recognition.'' Mr. Mazin further stated that ''improving shareholder value continues to be a primary focus of the Company's Board of Directors; the stock dividend should enhance the stock's liquidity and visibility.'' Flamemaster is a specialty chemicals manufacturer serving the aerospace and defense industries with high performance aircraft and marine sealants, and protective coatings. The Company holds an approximate 20% interest in PerfectData Corporation (Nasdaq: PERF - news). SOURCE: Flamemaster Corporation Instock