ARKANSAS BEST CORPORATION ANNOUNCES FIRST QUARTER 1995 CASH DIVIDENDS ON PREFERRED STOCK

(NASDAQ/NMS: "ABFS")

(Fort Smith, Arkansas, January 31, 1995) - The Board of Directors of Arkansas Best Corporation has declared to be paid for the first quarter of 1995, to holders of record of its Common Stock .01 par value (NASDAQ/NMS: "ABFS"), on February 14, 1995, a cash dividend of one cent ($.01) per share payable February 28, 1995.
Contact:      Mr. Randall M. Loyd, Director - Financial Reporting
                     Telephone: (501) 785-6200