HOUSTON, July 27 /PRNewswire/ -- Eagle USA Airfreight, Inc.
(Nasdaq: EUSA), today announced that it intends to file a registration
statement with the Securities and Exchange Commission regarding a proposed
public offering of 1,200,000 shares of its Common Stock by Mr. James R. Crane,
its Chairman of the Board and Chief Executive Officer.  The offering would
also include up to 180,000 shares of Common Stock that would be sold by Mr.
Crane upon the exercise of the underwriters' over-allotment option.  The
Company anticipates that the offering will be made during the first half of
August 1999.
    The purpose of the offering of Mr. Crane's shares is for his personal
estate planning purposes and to increase the public float of shares of Common
Stock.  Following the sale of all shares offered, Mr. Crane would be the owner
6,883,478 shares or more than 36% of the Company's Common Stock.  He currently
owns approximately 43% of the Company's outstanding Common Stock.
    The terms of the offering are expected to include a restriction on sales
of Common Stock by Mr. Crane for a one-year period, subject to certain
exceptions.
    The proposed offering will be made only by means of a prospectus.
    The statements in this press release regarding the filing of a
registration statement, the amount of securities offered, the timing of the
offering and any other future aspects relating to the offering and other
statements which are not historical facts are forward looking statements.
Such statements involve risks and uncertainties, including, but not limited
to, market conditions, (including the price and market for the Common Stock),
SEC review of the registration statement and other factors detailed elsewhere
in Company filings with the Securities and Exchange Commission.  Should one or
more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual outcomes may vary materially from those
indicated.

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