Supplement dated March 30, 1995
to Prospectus Supplement dated March 29, 1995
CBI Industries, Inc.
The following information supplements and amends the
Prospectus Supplement, dated March 29, 1995, of CBI Industries,
Inc. (the "Company") relating to the issuance of the Company's
7.48% Preferred Stock. This Supplement should be read in
conjunction with the Prospectus Supplement dated March 29, 1995.
The number of shares to be sold in the offering has been
increased from 500,000 shares to 550,000 shares. As a result,
the total Price to Public, Underwriters Discount and Proceeds to
the Company are $55,000,000, $481,250 and $54,518,750,
respectively. This information supersedes the information set
forth in the "Total" line in the pricing table on the cover page
of the Prospectus Supplement dated March 29, 1995. The use of
proceeds remains the same as described in the Prospectus
Supplement dated March 29, 1995. The underwriting arrangements
described in such Prospectus Supplement also remain the same
except that Lehman Brothers Inc. has agreed to purchase 357,500
shares and Merrill Lynch, Pierce, Fenner & Smith Incorporated has
agreed to purchase 192,500 shares.
