EDUCATIONAL DEVELOPMENT CORP
10-C, 1996-04-16
MISCELLANEOUS NONDURABLE GOODS
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FORM 10-C
Securities and Exchange Commission
Washington, DC 20549

Report by issuer of securities quoted on The Nasdaq Stock Market(SM), filed
pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and Rule
13a-17 or 15d-17 thereunder.

EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER:  
Educational Development Corporation
- -----------------------------------

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES:
10302 E. 55th Pl. #B, Tulsa, OK 74146-6515
- ------------------------------------------

ISSUER'S TELEPHONE NUMBER (INCLUDING AREA CODE):
918-622-4522
- ------------

I. Change in Number of Shares Outstanding
Indicate any change (increase or decrease) of five percent or more in the number
of shares outstanding.

1. Title of securitiy  Common Stock, Par Value $.20
                       ---------------------------------------------------------
2. Number of shares outstanding before the change  2,609,049
                                                   -----------------------------
3. Number of shares outstanding after the change  5,218,098
                                                  ------------------------------
4. Effective date of change  Record Date  April 1, 1996
                             ---------------------------------------------------
                             Payable Date  April 15, 1996
                             ---------------------------------------------------
                             Ex-Dividend  April 16, 1996
                             ---------------------------------------------------
5. Method of change  2 for 1 stock split
                     -----------------------------------------------------------
Specify method (such as merger, acquisition, exchange, distribution, stock 
split, reverse split, acquisition of stock for treasury, etc.)

- --------------------------------------------------------------------------------
Give brief description of transaction  2 for 1 stock split
                                       -----------------------------------------

II. Change in Name of Issuer

1. Name prior to change
                         -------------------------------------------------------
2. Name after change
                       ---------------------------------------------------------
3. Effective date of charter amendment changing name 
                                                     ---------------------------
4. Date of shareholder approval of change, if required
                                                        ------------------------


April 16, 1996         [Signature appears here]      Randall W. White, President
- --------------------------------------------------------------------------------
DATE                OFFICER'S SIGNATURE AND TITLE

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