Contacts

                                              Gary F. Hentschel
                                              Personnel Management, Inc.
                                              (317)885-3745
News Release
June 16, 1998                                 A. Chase Anderson
FOR IMMEDIATE RELEASE                         Linsalata Capital Partners
                                              (440)684-1400

                                              Mark Nylander
                                              Liggett Stashower Public Relations
                                             (216)348-8520


                     LINSALATA CAPITAL PARTNERS TO PURCHASE
                           PERSONNEL MANAGEMENT, INC.

Greenwood,  Indiana,  June 16, 1998 - Linsalata  Capital  Partners and Personnel
Management,  Inc.  (Nasdaq NMS:  TPMI) today jointly  announced the signing of a
definitive  agreement for the purchase of 100 percent of the outstanding capital
stock of Personnel Management,  Inc. (PMI) for $16.00 per share. The transaction
will be structured as a merger with  Linsalata  Capital  Partners'  wholly owned
subsidiary,  DHI Holdings,  Inc.  acquiring  PMI stock for cash  totaling  $34.7
million.

Personnel Management,  Inc. will operate as a subsidiary of DHI Holdings,  Inc.,
along  with  Diversco,  Inc.,  a  Spartanburg,  South  Carolina  based  contract
maintenance and industrial  services firm acquired by Linsalata Capital Partners
in October,  1996. Linsalata Capital is a diversified  financial holding company
headquartered in Cleveland, Ohio.

"We are extremely pleased to add Personnel Management,  Inc. to our portfolio of
industrial service  companies," stated A. Chase Anderson,  Senior Vice President
of Linsalata  Capital.  "PMI is widely recognized for its quality service in the
industrial  staffing  industry,  and  complements  our  strategy  of  building a
nationwide presence in the industrial services marketplace."

Don R. Taylor, Chairman and CEO of Personnel Management, Inc. noted, "We believe
the affiliation  with Diversco and Linsalata  Capital  Partners will benefit our
clients and employees.  The synergy of industrial  staffing and industrial plant
maintenance  services should accelerate the growth of both Diversco and PMI, and
allow us to better serve our growing customer base."

"The fastest growth segment in our business has been supplying  temporary  labor
to our  industrial,  contract  maintenance  clients,"  added  Michael R.  Price,
President and Chief Operating Officer of DHI Holdings,  Inc. "We look forward to
leveraging the expertise and track record which PMI brings to the table, as well
as its strong market position in the Midwest and Florida."




The  transaction  is  expected  to close in 60 to 90 days.  The  transaction  is
subject to approval of PMI's  shareholders  and normal  contractual  conditions.
Gary Hentschel,  President and Chief  Operating  Officer of PMI will continue in
his  current  capacity,  reporting  to  Michael  R.  Price.  Robert R.  Millard,
currently  Chief  Financial  Officer  of PMI,  will  continue  to  serve in this
capacity and will assume the additional role of Senior Vice President, Corporate
Development at DHI Holdings,  Inc. Both individuals will become members of DHI's
Management Committee. PMI headquarters will remain in Greenwood, Indiana. Don R.
Taylor,  Chairman and Chief  Executive  Officer and a 30 percent  shareholder of
PMI, has agreed to vote his shares in favor of the transaction.  Mr. Taylor will
not continue to be employed by PMI after the transaction.

Based in  Greenwood,  Indiana,  Personnel  Management,  Inc.  provides  staffing
services to businesses in Indiana,  Kentucky, Florida and Georgia. The company's
common stock is quoted on the NASDAQ  National  Market  System under the trading
symbol "TPMI." Headquartered in Spartanburg,  South Carolina, DHI Holdings, Inc.
is a leading regional provider of contract maintenance,  janitorial services and
temporary labor to industrial concerns.