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AHMANSON SELLS ADDITIONAL 750,000 SHARES OF CONVERTIBLE PREFERRED STOCK

    IRWINDALE, Calif., Aug. 5 /PRNewswire/ -- H.F. Ahmanson & Co. (NYSE: AHM), parent company of Home Savings of America, the nation's largest savings institution, announced today that the underwriters of its recent convertible preferred stock offering have exercised their over-allotment option.  As a result, Ahmanson sold an additional 750,000 depositary shares of convertible preferred stock at $50.00 per share, bringing the total amount of the issue to 5,750,000 shares, or approximately $287,500,000.
    This offering was underwritten by a group led by The First Boston Corp., and includes Bear, Stearns & Co. Inc., Goldman, Sachs & Co., Lehman Brothers and Merrill Lynch & Co.
    H.F. Ahmanson & Co., with $50.0 billion in assets, is the parent company of Home Savings of America.  Home is the largest of any U.S. savings institution.  It operates 367 savings branches in nine states and 88 mortgage lending offices in 13 states.
    -0-             08/05/93
    CONTACT:  Mary Trigg (media), 818-814-7922, or Steve Swartz (investors), 818-814-7986, both of H.F. Ahmanson
    (AHM) CO:  H.F. AHMANSON & CO.; HOME SAVINGS OF AMERICA IN:  FIN ST:  CA


-- LA032 -- X388 08/05/93
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Publication:PR Newswire
Date:Aug 5, 1993
Words:188
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