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/C O R R E C T I O N -- SMITH BARNEY/

 In NY016, Steven Black, Robert Druskin elected Smith Barney vice chairmen, moved earlier today, graphs six through nine were omitted.
 The corrected release follows:
 NEW YORK, July 12 /PRNewswire/ -- Steven D. Black, head of Smith Barney's capital markets division, and Robert Druskin, chief administrative officer, have been elected vice chairmen of the brokerage and investment banking subsidiary of Primerica Corporation (NYSE: PA).
 The announcement was made by Robert F. Greenhill, the recently appointed chairman and chief executive officer of Smith Barney, Harris Upham & Co., which will merge with the Shearson division of Shearson Lehman Brothers Inc. in mid-summer.
 Since 1991, Mr. Black has headed Smith Barney's capital markets division, which includes the equity, tax-exempt, taxable fixed-income and derivative products groups.
 Prior to joining Smith Barney in 1991, Mr. Druskin was chief financial officer of Shearson Lehman Brothers Holdings, and its broker/dealer subsidiary, Shearson Lehman Brothers. He is responsible for all administrative functions which include finance, treasury, operations and information services.
 Both Mr. Black and Mr. Druskin, are directors and members of the firm's executive Committee.
 Mr. Greenhill said: "I am pleased to accept the recommendation of my colleagues and recognize Steve and Bob for their outstanding performance." James Dimon, president of Primerica, added, "Steve and Bob have been significant contributors to the growth of Smith Barney over the last few years. They are valued partners, whose leadership and dedication are recognized throughout the firm."
 Mr. Black 41, joined the Smith Barney training program in 1974. A graduate of Duke University, he and his family live in Rye, N.Y.
 Mr. Druskin, 46, joined Shearson Hamill, a predecessor of Shearson Lehman, in 1969, and was named treasurer in 1977 before becoming chief financial officer in 1984. He is a graduate of Rutgers University. Mr. Druskin and his family live in Allendale, N.J.
 Smith Barney is a wholly owned subsidiary of Primerica Corporation, the diversified financial services firm with assets of $24 billion.
 -0- 7/12/93 C NY016
 /CONTACT: Bob Connor of Smith Barney Harris Upham & Co., 212-698-3123/
 /PRNewswire -- July 12/
 (PA)


CO: Smith Barney Harris Upham & Co.; Primerica Corp. ST: New York IN: FIN SU: PER

SH-TS -- NY016A -- 0297 07/12/93 09:48 EDT
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Publication:PR Newswire
Date:Jul 12, 1993
Words:367
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