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Kaiser Ventures Inc. Realigns Management <br />2-2-2-2-2 <br />In addition to the management realignment, the Compan}~s Directors voted <br />to reduce the Board's size prior to the next annual shareholder meeting to be <br />held in June, 1996. Stoddard said the Company's Directors have been <br />considering reducing the size of the Board for some time in order to reduce <br />costs and to improve its overall efficiency. The Board appointed a special <br />committee to evaluate and recommend alternatives for implementing the <br />action. <br />Kaiser Ventures Inc. is an emerging company pursuing projects in Southern <br />California, including waste management, water resources, and property <br />redevelopment. <br /># # # <br />