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ESCO ELECTRONICS CORPORATION ANNOUNCES STOCK REPURCHASE PROGRAM

 ST. LOUIS, Feb. 18 /PRNewswire/ -- ESCO Electronics Corporation (NYSE: ESE) announced today the commencement of a stock repurchase program, by which the company is authorized to purchase up to $10 million of its common stock trust receipts over a period ending Sept. 30, 1995. The company said it intends to acquire its stock from time to time on the open market or through negotiated transactions as market conditions and other relevant factors affecting the company allow. At Jan. 31, 1993, the company had 11,066,170 common stock trust receipts outstanding.
 Any stock that is repurchased will be used to satisfy current and future obligations of the company and for general corporate purposes.
 ESCO Electronics Corporation, headquartered in St. Louis, is principally a manufacturer of defense and commercial systems and products. Its common stock trust receipts are listed on the NYSE under the symbol "ESE."
 -0- 2/18/93
 /CONTACT: Kenneth F. Cook or James R. Orso, 314/982-1700, for ESCO Electronics/
 (ESE)


CO: ESCO Electronics Corporation ST: Missouri IN: ARO SU:

SM -- NY094 -- 8155 02/18/93 17:48 EST
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Publication:PR Newswire
Date:Feb 18, 1993
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