AUTHENTIC FITNESS POSTPONES BUYING WARRANTS FOR 1.8M SHARES UNTIL 1997

NEW YORK--Authentic Fitness Corp. has postponed to March 17, 1997, the deadline for purchasing warrants for 1.8 million of its shares from GE Capital to use the funds for expanding its chain of Speedo Authentic Fitness stores.
Under an agreement with GE, Authentic Fitness was to purchase the warrants at $20 a share by January 1996. The agreement has been amended so that Authentic Fitness will now have until March 1997 to purchase the warrants, but the price has been increased to $24 a share.

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