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CEI DECLARES PREFERRED STOCK DIVIDENDS

 CEI DECLARES PREFERRED STOCK DIVIDENDS
 CLEVELAND, Oct. 27 /PRNewswire/ -- The Cleveland Electric


Illuminating Company, an operating unit of Centerior Energy Corporation (NYSE: CX), today declared dividends on its serial preferred stock.
 The quarterly dividends will be payable as follows:
 SERIES PER SHARE PAYMENT DATE RECORD DATE
 A ($7.40) $1.85 Dec. 1, 1992 Nov. 6, 1992
 B ($7.56) $1.89 Jan. 1, 1993 Dec. 11, 1992
 C ($7.35) $1.8375 Feb. 1, 1993 Jan. 15, 1993
 E ($88.00) $22.00 Dec. 1, 1992 Nov. 17, 1992
 L (Adj. rate) $1.78 Jan. 1, 1993 Dec. 11, 1992
 M (Adj. rate) $1.75 Feb. 1, 1993 Jan. 8, 1993
 N ($9.125) $2.28125 Feb. 1, 1993 Jan. 8, 1993
 Q ($91.50) $22.875 Dec. 1, 1992 Nov. 17, 1992
 R ($88.00) $22.00 Dec. 1, 1992 Nov. 6, 1992
 -0- 10/27/92
 /CONTACT: Lee Bailey of Centerior Energy Corporation, 216-447-3235 or 216-623-1060 after hours/
 (CX) CO: The Cleveland Electric Illuminating Company ST: Ohio IN: UTI SU: DIV


KK -- CL016 -- 5361 10/27/92 11:41 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 27, 1992
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