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GLENFED EXTENDS VOTE TABULATION

 GLENDALE, Calif., Aug. 17 /PRNewswire/ -- GLENFED Inc. (NYSE: GLN), parent company of Glendale Federal Bank, said today that because of an error by a mailing company under contract to several securities firms, the supplemental proxy statement related to stockholder approval of the bank's recapitalization was delayed in reaching customers of those firms. After consultation with the Securities Exchange Commission and the Office of Thrift Supervision, GLENFED has adjourned its special stockholders' meeting until 8 a.m. PDT on Thursday, Aug. 19, 1993, to accommodate stockholders' review of the materials.
 While a majority of shares have already been voted in favor of the recapitalization plan, proxies, or changes to previously voted proxies, will be accepted until the adjourned meeting reconvenes. Final tabulation of the votes will be concluded and results announced at the meeting, which will be held in the auditorium at Glendale Federal Bank's Hoeft Center, 201 W. Lexington, Glendale.
 -0- 8/17/93 R
 /CONTACT: Judy Cunningham, 818-500-2274, or Jeff Misakian, 818-500-2824, both of GLENFED/
 (GLN)


CO: GLENFED Inc.; Glendale Federal Bank ST: California IN: FIN SU:

LM-LS -- LA014 -- 3880 08/18/93 11:33 EDT
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Publication:PR Newswire
Date:Aug 18, 1993
Words:187
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