PR Newswire September 9, 1992, Wednesday SECTION: Financial News DISTRIBUTION: TO BUSINESS EDITOR LENGTH: 152 words HEADLINE: MAXXAM ELECTS OFFICER DATELINE: HOUSTON, Sept. 9 KEYWORD: bc-MAXXAM-officer BODY: MAXXAM Inc. (AMEX: MXM) announced today that its board of directors has elected Ronald L. Reman to the newly created position of vice president, taxes. Reman, 34, had been the company's director of taxes since joining MAXXAM in 1986. Prior to that, he had been employed in the New York offices of Coopers & Lybrand and Price Waterhouse. Reman earned a B.S. in Accounting from Arizona State University in 1977. He is a New York State Certified Public Accountant. MAXXAM is a FORTUNE 500 company that operates in three industries: aluminum (through Kaiser Aluminum Corp., an 87.3 percent-owned, fully integrated aluminum producer); forest products (primarily through The Pacific Lumber Co., a wholly owned subsidiary); and real estate management and development (primarily through MAXXAM Property Co. and various wholly owned subsidiaries). CONTACT: Scott Lamb of MAXXAM, 713-267-3826 ORGANIZATION: MAXXAM TICKER-SYMBOL: MXM SUBJECT: Personnel Announcements GEOGRAPHIC: Texas INDUSTRY: Mining; Metals PAGE 80