PAGE   12                    (c) 1983 Business Wire, September 26, 1983                   


   MCO Holdings, Inc., through its subsidiaries is engaged in real estate 
development, oil, gas and geothermal exploration and production and gas 
transmission and processing and, through its ownership of 37.7 percent of 
the outstanding common stock of Simplicity Pattern Co., Inc. is engaged 
in the manufacture and sale of paper patterns for home sewing and related 
activities.

   CONTACT: MCO Holdings, Inc. Los Angeles Howard Bressler, 213/879-5252  
or Burson Marsteller, Los Angeles Bob Cullen, 213/386-8776