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ALFRED LERNER INCREASES OWNERSHIP OF MBNA CORPORATION

 ALFRED LERNER INCREASES OWNERSHIP OF MBNA CORPORATION
 NEWARK, Del., Oct. 6 /PRNewswire/ -- MBNA Corporation (NYSE: KRB) announced today that its Chairman and Chief Executive Officer Alfred Lerner has purchased an additional 500,000 shares of MBNA common stock, bringing his total holdings to 5,500,000 or 11 percent of the total shares outstanding.
 MBNA Corporation, a bank holding company, is the parent of MBNA America Bank, N.A., a national bank with $8.9 billion in managed loans to 8 million customers nationwide. MBNA, the country's third largest lender through bank credit cards, also provides retail deposit, individual loan, card acceptance, and financial transaction processing services. The company is endorsed by 1,700 membership organizations and 950 financial institutions.
 /delval/
 -0- 10/6/92
 /CONTACT: David W. Spartin, senior vice president-investor relations of MBNA, 800-362-6255, or 302-456-8588/
 (KRB) CO: MBNA Corporation; MBNA America Bank, N.A. ST: Delaware IN: FIN SU:


MP -- PH014 -- 6995 10/06/92 10:50 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
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