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BHI Corporation To Announce Second Quarter Results And Conference Call With Management

    BELIZE CITY, Belize, Dec. 5 /PRNewswire/ -- BHI Corporation
(Nasdaq: BHIKF) announced today that the second quarter results for BHI
Corporation for the period ended October 31, 1997 will be announced on Tuesday
December 9, 1997.
    There will be a conference call for investors with BHI management at
10 a.m. Eastern Standard Time on that day to give a review of the BHI results
and an update on the BHI - Aaxis Limited (Montreal: XIS) transaction.
    To participate in the call, please call 1-800-275-3210 or if outside the
United States 973-628-7055.


SOURCE BHI Corporation




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CONTACT:
Angela Entwistle, 561-368-3899, or Eileen M.
Halsch, 212-232-2222, both of BHI Corporation