Kathy Liebler
                        Director of Public Information

    C   O   M   M   I   S   S   I   O   N                N   E   W   S             R   E   L   E   A   S   E

         Contact: Lowman S. Henry (717) 939-9551 # 2934                                April 15, 1997


        Harrisburg -- The Pennsylvania Turnpike Commission has been awarded a Certificate of Achievement for Excellence in Financial Reporting by the Government Financial Officers Association of the United States and Canada (GFOA). It is the ninth year in a row the Turnpike has been honored by the association.
        The Certificate of Achievement is the GFOA's highest honor in the area of governmental accounting and financial reporting. It was awarded to the Turnpike for the high caliber of its comprehensive Annual Financial Report to Bondholders for the 1995-96 fiscal year. Samuel A. Boova, Controller for the Turnpike, received the association's Award of Financial Reporting Achievement for being the individual primarily responsible for preparing the annual report.
        "Once again the Turnpike has been judged by an impartial panel to have met the highest standards of financial disclosure," said Turnpike Commission Chairman James F. Malone, III. "This is a significant accomplishment by the finance professionals at the Turnpike."
        Blair Fishburn, the Turnpike's new Deputy Executive Director of Finance and Administration, said the comprehensive annual financial report issued by the Commission was judged by the GFOA to have demonstrated a "constructive spirit of full disclosure and clearly communicated the Turnpike's financial story. Since this is the ninth year in a row the Commission has achieved this honor, it not only demonstrates our long-term commitment to excellence, but it annually 'raises the bar' for us to get better each year."
        The GFOA is a nonprofit professional association of 12,625 government financial professionals with offices in Chicago, Illinois and Washington, D.C.


         P.O. Box 67676, Harrisburg, PA 17106-7676         Phone: (717) 939-9551         Fax: (717) 986-9649