1
 National Intergroup Inc. said 
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it expects to report a charge of $5.3 million 
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related to the sale of its aluminum unit's extrusion division 
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for the third quarter.
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 The company said 
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it has agreed to sell the extrusion division for $15 million to R.D. Werner Co., a closely held firm 
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based in Greenville, Pa.
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elaboration-object-attribute-e

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 The charge is offset by an after-tax gain of about $30 million in the quarter from the previously announced pact 
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to sell National Aluminum's rolling division.
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elaboration-object-attribute-e

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 National Intergroup in the year-ago third quarter earned $22.5 million, or 97 cents a share,
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 including a gain of $18 million from the sale of a steel tube company.
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elaboration-additional

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 Revenue was $778.6 million.
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 The company also said 
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it continues to explore all options 
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concerning the possible sale of National Aluminum's 54.5% stake in an aluminum smelter in Hawesville, Ky.
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elaboration-additional

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 The sale of the extrusion division is subject to audit adjustments for working capital changes through the closing. 
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 The agreement also provides for potential payments of additional proceeds to National Aluminum over the next two years,
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 depending on the plant's shipping levels.
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condition

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 The extrusion unit produces bare and painted custom extrusions for building products and construction industries.
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 In fiscal 1989, it had sales of about $40 million and an operating loss of $1.5 million.
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