CHICAGO, Nov. 4, 1996 -- EVEREN Securities, Inc. announced today that it
will open a branch in North Dallas to better serve its clients in the greater
Dallas area.  The branch will be located at Two Lincoln Center, 5420 LBJ
Freeway, Suite 500.
     "EVEREN's client base in the north suburbs of Dallas has grown
tremendously over the past several years," said David M. Greene, senior
executive vice president and director of client services.  "Our new office
will help meet the growing need for quality investment advice among local
investors and support EVEREN's corporate strategy of providing value-added
service to clients."
    Brad C. Brooks, formerly senior vice president and sales manager of the
firm's downtown Dallas office, has been named branch manager of the North
Dallas branch.  Brooks initially will manage six investment consultants,
including Leonard Mauck, senior vice president-investments; Bryan McMillan,
vice president-investments; and Sean Lewis, vice president-invesments. EVEREN
expects to more than double the number of investment consultants in the branch
over the next 12 months.
    EVEREN Securities, Inc. is a full-service brokerage firm serving
individual, corporate, municipal and institutional clients through 140 offices
nationwide.  Drawing on its national branch office system, the firm combines
the capital market resources of a large national firm with the personalized
service and dedication of a smaller firm.  As of June 30, 1996, EVEREN held
more than $38 billion of customer assets in approximately 430,000 client
accounts.  EVEREN Securities is a member of the New York Stock Exchange and
the Securities Investor Protection Corporation.
    FOR MORE INFORMATION: Edgar P. McDougal, 312-574-5791.