NEWS RELEASE

OCTOBER 9, 1998                    CONTACT:  MALCOLM BALLINGER
                                                (504) 867-5000


FOR IMMEDIATE RELEASE

           CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
                      NAMES NEW PRESIDENT AND CEO

NEW  ORLEANS,  LA  (OCTOBER 9, 1998) - Campo Electronics, Appliances and
Computers, Inc. (OTC  Bulletin Board-CMPOQ) announced today that William
E. Wulfers has resigned  as President and Chief Executive Officer and as
a member of the Board of Directors, and that the Board has named Malcolm
G. Ballinger, formerly the  Senior  Vice  President  - Merchandising and
Advertising, as President and Chief Executive Officer.  Mr. Wulfers will
not  be  replaced  on the Board of Directors.  The Board  expresses  its
appreciation to Mr. Wulfers for his service to the Company.

Campo Electronics, Appliances  and Computers, Inc., headquartered in the
New Orleans, metropolitan area,  is  a  specialty retailer of name brand
consumer  electronics,  major  appliances,  computers  and  home  office
products with 20 stores in the southern United States.