VENTURE FUNDING CORP EXTENDS WARRANT PERIOD
<Venture Funding Corp> said
it has extended the exercise period on its outstanding class A
and B warrants until April 15, 1988.
    The original exercise date was April 15, 1987.
    The company also said it has executed a non-binding letter
of intent to acquire three affiliated California corporations
that own and operate Mexican food restaurants.
    It said it has placed "stop transfer" orders to prevent
exercise of the warrants until adequate information is made
available about the proposed business combination and the
businesses to be acquired.
   
 Reuter
