SALT LAKE CITY, March 19 /PRNewswire/ -- Franklin Quest (NYSE: FNQ)
reported today record sales and earnings for the second quarter ended February
28, 1997.  Sales for the quarter increased 13% to $106.0 million from $93.6
million, an increase of $12.4 million over the same quarter in fiscal 1996.
Earnings for the second quarter increased to $13.0 million compared to $12.8
million in the comparable quarter of fiscal 1996.  Earnings per share for the
second quarter of fiscal 1997 were $0.63 per share compared to $0.57 per share
for the second quarter of fiscal 1996.
    Product sales reached a record level of $80.2 million, up 12% from the
comparable quarter last year.  The Company opened two new stores during the
quarter to total 95 stores with plans to open an additional 12 to 15 stores
during the remainder of fiscal 1997.  Comparable store sales increased 7% for
the quarter ended February 28, l997.  Training sales increased 21% during the
quarter to reach $20.6 million compared to the same quarter last year.
Included in Training sales was $3.4 million from TrueNorth, now Franklin Quest
Personal Coaching, an acquisition effective October 1, 1996.  Services sales
were $5.1 million for the quarter compared to $5.0 million in the comparable
quarter last year.
    Sales and earnings for the first six months of fiscal 1997 increased 12%
and 1% respectively.  Sales for the first six months were $208.3 million, an
increase of $22.9 million over the same period of fiscal 1996.  Earnings
increased to $26.1 million, compared to $25.8 million for the first six months
of fiscal 1996.  Earnings per share for the first six months of fiscal 1997
were $1.25 compared to $1.14 per share for the same period of fiscal 1996.
    Franklin Quest is a leading provider of training seminars and the creator
of the Franklin Day Planner, both designed to improve individual and corporate
productivity.

                              Three Months Ended             Six Months Ended
                                  February 28                  February 28
                               1997         1996            1997          1996

    Sales                 $105,958     $93,593       $208,335      $185,473
    Income Before Taxes     21,831      21,616         43,627        43,325
    Income Taxes             8,787       8,838         17,559        17,543
    Net Income              13,044      12,778         26,068        25,782
    Weighted Average Number
     of Common and Common
     Share Equivalents      20,779      22,432         20,845        22,650
    Net Income Per Share     $0.63       $0.57          $1.25         $1.14

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