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/ C O R R E C T I O N -- WITCO CORPORATION/

 In NY095, Witco Corporation earnings, moved earlier today, we are advised by the company that the second graph is incomplete. The correct graph follows:
 Sales for the fourth quarter of 1992 increased nearly 17 percent to $456,482,000 compared to sales of $390,516,000 for the same period of 1991. Fourth quarter 1992 sales include $72,300,000 from the acquisition of two divisions of Schering AG completed on Nov. 2, 1992. Net income, before a significant non-recurring item which amounted to a charge of 53 cents per common share, was $11,374,000, or 50 cents per common share, compared to net income of $19,515,000, or 85 cents per common share for the same period of 1991. Fourth quarter income includes a net loss of $2,800,000, or 11 cents per common share, which included associated financing costs, related to the acquisition of the Schering businesses. Fourth quarter 1992, reflecting the one-time after-tax charge of 53 cents per common share, as stated above, resulted in a net loss of $1,926,000, or 3 cents per common share.
 -0- 1/28/93 C NY095
 /PRNewswire -- Jan. 28/
 (WIT)


CO: Witco Corporation ST: New York IN: CHM SU: ERN

KD-TM -- NY095X -- 0546 01/28/93 19:23 EST
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Publication:PR Newswire
Date:Jan 28, 1993
Words:213
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