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ENVIRONMENTAL ELEMENTS ANNOUNCES FIRST ANNUAL DIVIDEND

 ENVIRONMENTAL ELEMENTS ANNOUNCES FIRST ANNUAL DIVIDEND
 BALTIMORE, March 30 /PRNewswire/ -- Environmental Elements Corporation (NYSE: EEC) (EEC) today announced that its board of directors has declared an annual dividend of $.03 per share on common stock outstanding.
 The dividend will be payable to all registered stockholders as of April 30, 1992. It is expected that dividend checks will be distributed on or about June 1, 1992. Environmental Elements Corporation's fiscal 1992 year will end March 31, 1992. It is anticipated that year end financial results will be announced in late May, the company said.
 "Declaration of this first annual dividend reflects our commitment to shareholders' interests and confidence in our capital structure. Although modest, this dividend represents a beginning and still permits us to retain the earnings necessary to fund the substantial growth we foresee," noted F. Bradford Smith, president and chief executive officer.
 Environmental Elements Corporation, a leading air pollution control systems supplier for more than 45 years, designs and supplies electrostatic precipitator, fabric filter, flue gas desulfurization, acid gas cleaning and continuous emissions monitoring systems. Environmental Elements' systems enable a broad range of customers in the power generation, pulp and paper, waste to energy, rock products, metals and petrochemical industries to operate their facilities in compliance with particulate and gaseous emissions standards.
 For more information, please contact John S. Lalley Jr., director- Investor Relations and Corporate Communications at 410-368-7340.
 -0- 3/30/92
 /CONTACT: John S. Lalley Jr. of Environmental Elements, 410-368-7340/
 (EEC) CO: Environmental Elements Corporation ST: Maryland IN: SU: DIV


CC -- PH022 -- 2876 03/30/92 12:03 EST
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Publication:PR Newswire
Date:Mar 30, 1992
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