<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE NEOGEN CORPORATION FORM 10-Q FOR THE QUARTER ENDED AUGUST 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q </LEGEND> <RESTATED> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-1999 <PERIOD-START> JUN-01-1998 <PERIOD-END> AUG-31-1998 <CASH> 905,370 <SECURITIES> 8,976,074 <RECEIVABLES> 3,829,757 <ALLOWANCES> 281,804 <INVENTORY> 5,305,465 <CURRENT-ASSETS> 19,164,418 <PP&E> 5,582,362 <DEPRECIATION> 3,536,220 <TOTAL-ASSETS> 26,269,507 <CURRENT-LIABILITIES> 1,737,407 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 989,133 <OTHER-SE> 23,152,332 <TOTAL-LIABILITY-AND-EQUITY> 26,269,507 <SALES> 5,716,555 <TOTAL-REVENUES> 5,716,555 <CGS> 2,216,385 <TOTAL-COSTS> 4,947,543 <OTHER-EXPENSES> (135,787) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,478 <INCOME-PRETAX> 900,321 <INCOME-TAX> 83,300 <INCOME-CONTINUING> 817,021 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 817,021 <EPS-PRIMARY> 0.13 <EPS-DILUTED> 0.13