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QUESTAR DEVELOPMENT ACQUIRES SHARES

SHARE QUESTAR DEVELOPMENT ACQUIRES SHARES

Larson-Davis Inc. said Questar Development Corp., an affiliate of Questar Corp., has acquired an additional 177,778 shares of restricted common stock from Larson-Davis in a privately negotiated transaction. Share price was $2.25, resulting in gross proceeds to Larson-Davis of $400,000.

Questar Development now holds 754,760 shares, approximately 15 percent of the issued and outstanding stock of Larson-Davis.Larson-Davis said proceeds from the stock sale will be used to help meet bonding requirements on a $1.75 million contract the company has to install a noise and weather monitoring system at Logan International Airport, Boston.