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AMERICAN PRESIDENT COMPANIES DECLARES QUARTERLY DIVIDEND

 OAKLAND, Calif., Feb. 3 /PRNewswire/ -- The board of directors of American President Companies Ltd. (APC) (NYSE: APS) at its meeting on Jan. 27, 1993, declared a regular quarterly dividend on the company's common stock in the amount of $0.15 per share, payable Feb. 28, 1993, to stockholders of record on February 15, 1993. A regular quarterly dividend was also declared on the company's Series C Cumulative Convertible Preferred Stock in the amount of $1.125 per share, payable March 15, 1993, to stockholders of record on March 1, 1993.
 American President Companies Ltd. provides container distribution and transportation services within and between Asia and North America through an intermodal system combining ocean, rail and truck transportation.
 -0- 2/3/93
 /CONTACT: Karen Jensen of American President Companies, 510-272-8030/
 (APS)


CO: American President Companies, Ltd. ST: California IN: TRN SU: ERN

TM -- SF004 -- 2456 02/03/93 13:43 EST
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Publication:PR Newswire
Date:Feb 3, 1993
Words:150
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