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                PLM International, Inc. 
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                (Name of Registrant as Specified In Its Charter)
 
                PLM Stockholders Committee
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May 30, 1997

Dear Fellow Stockholder:

On May 27, PLM sent you another letter purporting to provide you with 
additional information regarding Gary Engle. In fact, the primary reason for 
this new letter appears to be to correct statements made by PLM in its May 19 
letter. The following are just two such statements from PLM's recent letter.

(1)  The following is the Company's acknowledgement concerning the Committee's 
     statement about PLM's significant net losses for the past five years.

     "we do, however, acknowledge that Engle's statement is accurate in so 
     far as it reflects the Company's net income to common shares for these 
     five years"

(2)  The following is an admission by the Company that at the time Equis 
     Financial's offer was made to PLM it represented a significant premium 
     to the price of PLM's stock.

     "However, a $5.00 price does represent a premium to stock prices before 
     Engle's submission of his proposed transaction, stockholder proposals 
     and  nominees for election to the Board, and over the historic price 
     levels of the past five years."

The Committee is pleased to see that the Company has set the record straight, 
but frankly, if the Company is going to the considerable expense of sending 
these letters out, we feel it would be more informative if the Company 
dealt with more important issues, such as:

     -  What is the Company's position with respect to wasting resources on 
        Company-sponsored and paid for boondoggles such as those described in 
        the Committee's last letter?

     -  What are the specific elements of the Josephthal recommendation that 
        will enhance stockholder value?

     -  Since all progress begins with an honest self-evaluation, why does 
        the Company persist in arguing that their performance has been 
        acceptable and the Committee's performance graphs are misleading?

     -  Since management of the Company has never appeared to feel an urgent 
        need to generate higher stockholder returns, what assurances do the 
        stockholders have that management would "do the right thing" absent 
        the proposed shareholder proposals and a stronger and more independent
        Board of Directors?

     -  Why won't the current Board of Directors engage in discussions with
        potential acquirors of PLM?

The fact is stockholders have not received satisfactory answers to any of 
these questions. We believe this is because management is content to hide 
behind PLM's defense measures and to continue to enjoy substantial 
compensation and perks while the current Board of Directors sits back and 
does very little.



               NEW DIRECTORS ARE URGENTLY NEEDED.

The preliminary voting for the stockholder proposals is encouraging.  It 
appears that over eight years of dismal performance by a management team that 
seems more concerned with their own compensation and perquisites has 
resulted in a dissatisfied stockholder base.  Stockholders want change; they 
want accountability; they want results.  The Committee's proposals are only a 
part of the solution, however; adopting these proposals alone will not ensure 
that your wishes are met.  Electing two independent and capable directors is 
critically important.  In order to support the Committee nominees, you must 
vote the Green Card even if you have already voted.

YOU ARE THE OWNERS OF PLM DO YOU TRUST THE CURRENT BOARD WILL PUT AN END 
    TO MANAGEMENT'S BOONDOOGLES TO FRANCE, CANADA, AUSTRALIA AND 
                   THE FOUR CORNERS OF THE WORLD?

The wishes of the stockholders must be represented at each and every meeting 
of the Board.  You are the owners of the Company, but you have only one 
opportunity each year to express your wishes, and even then, without a group 
of concerned stockholders such as the Committee, the agenda you vote on is 
narrowly selected by the same management team that has presided over the poor 
performance of the past eight years.  The management and direction of the 
Company is shaped each month at meetings of the Board and its various 
committees.  It is important that there are at least two directors who 
support the philosophy behind the stockholders' proposals.

A VOTE FOR THE COMMITTEE'S NOMINEES IS NOT A VOTE TO SELL THE COMPANY 
                   TO EQUIS FOR $5.00 PER SHARE.

The Committee's nominees are committed to realizing the highest possible 
value for PLM stockholders.  First, the Committee's nominees will represent a 
minority of the Board.  The Board of Directors of the Company has the right 
to expand the Board and appoint Bob Tidball to the Board, even if the 
stockholders vote him out.  The Board could do exactly that upon Bob 
Tidball's loss. This would mean that the Committee nominees would represent 
two of the seven votes, not enough to effect change unless two of the other 
four or five directors voted with them.  This fact ensures that no member of 
the Committee could expect preferential treatment from the Company.  Our 
nominees place on the Board merely ensures that your agenda will be heard at 
each and every meeting, and that if you want these proposals enacted, they 
will be there fighting on your behalf.

Secondly, the Committee's nominees are capable and independent executives 
with no preexisting commitments to Equis, Gary Engle or anyone, except the 
stockholders.  Malcolm Witter and Peter Jebsen are seasoned business 
executives in their early 40's each of whom has enjoyed early and significant 
successes in his career. Both are experienced in managing tightly controlled 
businesses, and most importantly, both have managed businesses in which they 
have had significant personal investments.  In other words, both are quite 
used to "eating their own cooking."  This stands in marked contrast to the 
existing Board and management team of the Company, where no individual has 
invested a meaningful amount of his own capital in PLM's stock.  This is 
significant.  When management spends its own money, you won't find 
extravagant expense accounts and frivolous boondoggles.



        HOW TO ENSURE THE ELECTION OF THE COMMITTEE'S NOMINEES

If you vote the white card, you cannot vote for the Committee's 
nominees. You can vote for the Committee's nominees only by signing, dating 
and mailing the enclosed GREEN PROXY CARD today. This will be your last 
chance to be heard for another year. If you have any questions or require 
assistance in voting your proxy please call our proxy solicitors Bill Fiske 
or Paul Hebert, Corporate Investor Communications, Inc., at (800) 640-6242.


Sincerely,


PLM Stockholders Committee



                      YOUR VOTE IS EXTREMELY IMPORTANT

No matter how many or how few PLM shares you own, please vote FOR the 
COMMITTEE NOMINEES an IN FAVOR OF the COMMITTEE PROPOSALS by SIGNING, 
MARKING, DATING and MAILING you GREEN PROXY CARD in the enclosed postage-paid 
envelope.
If you wish to vote for our nominees and in favor of our proposals, you must 
submit the enclosed GREEN PROXY CARD and must not later submit PLM's white 
proxy card.

If you have already voted and returned PLM's white proxy card, you have every 
legal right to change your mind and vote FOR OUR NOMINEES and IN FAVOR OF the 
COMMITTEE PROPOSALS by simply submitting a later dated GREEN PROXY CARD. Only 
you latest dated proxy card will be counted at the Annual Meeting.

If you own your shares in the name of a broker or other nominee, you must 
tell your broker or nominee how to vote your shares. Your broker or nominee 
cannot vote your shares without specific instructions form you. These 
instructions can be given by completing and returning the GREEN PROXY CARD 
today.

TIME IS OF THE ESSENCE. PLEASE VOTE AND RETURN YOUR COMPLETED AND SIGNED 
GREEN PROXY CARD TODAY.

If you have any questions or need assistance in voting your shares or in 
changing your vote, please contact Bill Fiske or Paul Hebert at the toll-free 
number listed below.

                    Corporate Investor Communications, Inc.
                             111 Commerce Road
                            Carlstadt, NJ 07072
                       Toll Free Telephone (800) 640-6242
                           Facsimile (201) 804-8017