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AMERICAN STOCK EXCHANGE ESTABLISHES 'DUE BILL' PROCESS FOR SPECIAL DISTRIBUTION OF JONES INTERCABLE INVESTORS

 AMERICAN STOCK EXCHANGE ESTABLISHES 'DUE BILL' PROCESS
 FOR SPECIAL DISTRIBUTION OF JONES INTERCABLE INVESTORS
 ENGLEWOOD, Colo., Oct. 28 /PRNewswire/ -- The American Stock Exchange has determined the trading procedures for the special, one-time distribution to the unitholders of Jones Intercable Investors L.P. (AMEX: JTV) from the proceeds of the sale of its Alexandria, Va. cable television system. The distribution, which was announced by the company in early October, will be approximately $3 per unit to unitholders of record as of Monday, Nov. 2. The expected payment date is Friday, Nov. 6.
 The units began trading with "due bills" as of yesterday, Tuesday, Oct. 27, 1992. The American Stock Exchange directed that the units will be quoted "ex" this distribution on Monday, Nov. 9, 1992. All certificates delivered after Nov. 2, 1992 in settlement of transactions made prior to Nov. 9, 1992 must be accompanied by "due bills." Such "due bills" must be redeemed at or before 9:30 a.m. EST on Nov. 16, 1992, an American Stock Exchange official said.
 For further information, contact the Investor Relations department of Jones Intercable at 303-792-3111 or the Dividends and Rulings department of the American Stock Exchange at 212-306-1469.
 -0- 10/28/92
 /CONTACT: Nancy Reed Long of Jones Intercable, 303-792-3111/
 (JTV) CO: Jones Intercable Investors L.P. ST: Colorado IN: TLS SU:


MC -- DV006 -- 6054 10/28/92 13:23 EST
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Publication:PR Newswire
Date:Oct 28, 1992
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