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ELAN'S BOARD RECOMMENDS STOCK SPLIT

 ELAN'S BOARD RECOMMENDS STOCK SPLIT
 ATHLONE, Ireland, May 20 /PRNewswire/ -- The board of directors of


Elan Corporation, plc (AMEX: ELN) have recommended a three for two split of the company's ordinary shares (4 Irish pence par value), payable in the form of a stock dividend.
 Shareholders of record Aug. 15, 1992 would be eligible to receive this dividend, upon approval of shareholders at the company's annual general meeting on July 2, 1992.
 Elan is a world leader in the specialized health care field of advanced reformulation and drug delivery, concentrating on improved drug absorption and utilization. Elan operates research and manufacturing facilities in Athlone, Republic of Ireland; Gainesville, Ga.; Brea, Calif.; Cambridge, Mass.; Enschede, Netherlands and Manila, Philippines.
 -0- 5/20/92
 /CONTACT: Brian Crotty of Elan, 800-252-3526, or Thomas Redington, of Redington, 203-222-7399, or 212-926-1733, for Elan/
 (ELN) CO: Elan Corporation, plc ST: IN: MTC SU:


SH-OS -- NY083 -- 2420 05/20/92 15:19 EDT
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Publication:PR Newswire
Date:May 20, 1992
Words:156
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