SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event report): October 28, 1996
PAGES, INC.
__________________________________________________________________
Commission File Number 0-107475
Incorporated - Delaware IRS Identification Number 34-1297143
801 94th Avenue North, St. Petersburg, Florida 37702
Registrant's telephone number, including area code (813) 578-3300
<PAGE>
Item 5. OTHER EVENTS
The Company announced on Monday, October 28, 1996, that it has entered
into a settlement with the Internal Revenue Service regarding four Notices
of Deficiencies received assessing additional taxes for the fiscal years
1988, 1989, 1990 and 1991. The settlement totaling $750,000, plus
interest, covers all assessments by the Internal Revenue Service. The
settlement amount will be paid immediately and, since it will be charged
against the Company's previously established reserve, it will not adversely
impact earnings.
The Company announced on Wednesday, October 30, 1996, that Tamara L.
Zeph has resigned as its Treasurer and Chief Financial Officer and as Vice
President -- Finance of PAGES Book Fairs, Inc., a wholly owned subsidiary
of the Company. Ms. Zeph has accepted a position with another Company.
Randall J. Asmo, Vice President, PAGES, Inc. has been appointed interim
Chief Financial Officer, effective immediately. He will temporarily assume
Ms. Zeph's responsibilities during the nationwide search for a new Chief
Financial Officer and Treasurer. Mr. Asmo has been with the Company since
1990 and has held financial positions with increasing responsibility.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: October 31, 1996 PAGES, Inc.
----------------- ------------------------
(Registrant)
/s/ S. Robert Davis, Chairman
-----------------------------
S. Robert Davis, Chairman