-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 RAGxzmqZm4c4ms2MfdwXqYLalG2yD0ZJ4D+T3hSKLmlgjqxUR4XXwVcnqV6DLVmb
 gO8xVwVJYk4HyvX4Y5jDig==

<IMS-DOCUMENT>0000950116-94-000029.txt : 19940321
<IMS-HEADER>0000950116-94-000029.hdr.sgml : 19940321
ACCESSION NUMBER:		0000950116-94-000029
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19940318

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARA GROUP INC
		CENTRAL INDEX KEY:			0000757523
		STANDARD INDUSTRIAL CLASSIFICATION:	5812
		IRS NUMBER:				232319139
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		33
		SEC FILE NUMBER:	033-33329
		FILM NUMBER:		94516774

	BUSINESS ADDRESS:	
		STREET 1:		THE ARA TOWER
		STREET 2:		1101 MARKET ST
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19107
		BUSINESS PHONE:		2152383000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ARA HOLDING CO
		DATE OF NAME CHANGE:	19880515
</IMS-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>000095011694000029-001-seq1-424b3.txt
<DESCRIPTION>PROSPECTUS (STOCK OPTIONS)
</DOCUMENT>
</SUBMISSION>