PENRIL &lt;PNL> SEEKS TO SELL TWO UNITS

  Penril Corp said it is seeking to
  sell its Triplett Electrical Instrument Corp subsidiary in
  Bluffton, Ohio, and Triplett's Alltest division in Hoffman
  Estates, Ill., as part of a plan to concentrate on its three
  profitable division and reduce its debt load.
      The company also said it is evaluating a plan to satisfy
  its obligations under its 10-7/8 pct subordinated notes but
  gave no details.  Interest on the notes is due today.
      Penril further said director Clifford L. Alexander Jr. has
  resigned from the board.  It gave no reason.
      Penril said shareholders at the annual meeting approved the
  limitation of directors' liability.   
  

