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FLETCHER CHALLENGE FINANCE CANADA DECLARES DIVIDEND

 VANCOUVER, British Columbia, March 2 /PRNewswire/ -- On Feb. 26, 1993, the board of directors of Fletcher Challenge Finance Canada Inc. (Toronto: FRC.PR.A, FRC.PR.B) declared:
 1. That a cash dividend of $.50 per share upon the outstanding 8 percent cumulative redeemable retractable preferred shares, series "A" (the "series A' shares"), of Fletcher Challenge Finance Canada Inc. be paid on March 31, 1993 to the shareholders of record holding the series "A" shares of Fletcher Challenge Finance Canada Inc. at the close of business on the March 12, 1993; and
 2. That a cash dividend of $.4921875 per share upon the outstanding 7 7/8 percent cumulative redeemable preferred shares, series "B" (the "series B' shares"), of Fletcher Challenge Finance Canada Inc. be paid on March 31, 1993 to the shareholders of record holding the series "B" shares of Fletcher Challenge Finance Canada Inc. at the close of business on the March 12, 1993.
 -0- 3/2/93
 /CONTACT: T.J. Palmblad, manager administration of Fletcher Challenge Finance Canada, 604-654-4372/
 (FRC.PR.A FRC.PR.B)


CO: Fletcher Challenge Finance Canada Inc. ST: British Columbia IN: SU: DIV

KJ -- LA024 -- 2006 03/02/93 13:45 EST
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Publication:PR Newswire
Date:Mar 2, 1993
Words:199
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