TS Industries will continue its listing on the National Association of Securities Dealer's Automated Quotation System, under the symbol TNDSC, despite the company's failing to meet NASD filing, capital and surplus requirements.

A company spokesman said the NASD granted a temporary exception subject to TS Industries meeting certain conditions."While the company believes that it can meet these conditions, there can be no assurance that it will do so," the spokesman said. "If at some future date the company's securities should cease to be quoted on the NASDAQ system they should continue to be quoted in the over-the-counter market."