OHIO MATTRESS CO &lt;OMT> 1ST QTR FEB 28 NET

  Shr 15 cts vs 15 cts
      Net 2,407,000 vs 2,393,000
      Revs 117.2 mln vs 67.1 mln
      Note: Aggregate judgments in antitrust and other suits of
  77 mln dlrs not included in year-ago or 1987 1st qtr results.
  Company said any portion of this amount, including related
  interest or attorneys' fees, would be proportionately reflected
  as a reduction in its minority interest of Sealy recorded on
  its consolidated balance sheet upon final settlement of
  litigation.
      Note: Consolidated balance sheet as of end of 1st qtr
  reflects after-tax impact of 50 mln dlr settlement won by Sealy
  licensee in Michigan.
      1987 results include all operations of all acquired
  Sealy-brand licensees and 82 pct of Sealy. Remaining 18 pct of
  Sealy is recorded as minority interest.
      Proceeds of 170 mln dlrs from sale of stock and debt were
  used to reduce balance of revolving credit agreement to 80 mln
  dlrs. Accordingly, 250 mln dlr obligation to banks under credit
  agreement was recorded as a long-term liability as of end of
  1st qtr.
      Note: In April, company intends to acquire Michigan Sealy
  licensee and fund transaction with 25 mln dlrs in cash and
  borrow balance required from banks.
  

