NORTH AMERICAN GROUP <NAMG> 4TH QTR OPER LOSS Oper shr loss 12 cts vs loss 10 cts Oper net loss 474,270 vs loss 369,848 Revs 202,500 vs 111,210 Avg shrs 3,904,373 vs 3,495,579 Year Oper shr loss 28 cts vs loss 46 cts Oper net loss 1,069,550 vs loss 893,612 Revs 408,031 vs 438,933 Avg shrs 3,785,607 vs 1,944,627 NOTE: Full name is North American Group Ltd Earnings exclude losses on reorganization expenses of 33,453 dlrs, or one ct a share vs 59,520 dlrs, or two cts a sh are in the quarter and losses of 237,859 dlrs, or six cts a share vs 413,444 dlrs, or 21 cts a share for the year Earnings exclude gains on discontinued operations of 147,671, or four cts a share in the 1985 quarter and gains of 760,603 dlrs, or 20 cts a share vs 520,200 dlrs, or 27 cts a share for the year