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DRESSER INDUSTRIES ANNOUNCES DEBENTURE REDEMPTION

 DRESSER INDUSTRIES ANNOUNCES DEBENTURE REDEMPTION
 DALLAS, Jan. 24 /PRNewswire/ -- Dresser Industries, Inc. (NYSE: DI)


today announced that it will redeem on March 2, 1992, $62.5 million in principal amount of its outstanding 11-3/4 percent Sinking Fund Debentures due 2007.
 Dresser said the redemption price will be 106.24 percent of the principal amount plus accrued interest. That will produce an aggregate price of $1,101.89 per $1,000 principal amount of the debentures.
 Headquartered in Dallas, Dresser is a major supplier of highly engineered products and services primarily utilized in energy-related activities throughout the world.
 -0- 1/24/92
 /CONTACT: Kenneth C. Rueckert of Dresser Industries, 214-740-6757/
 (DI) CO: Dresser Industries, Inc. ST: Texas IN: SU: SH -- NY069 -- 3395 01/24/92 15:19 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 24, 1992
Words:128
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