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GREAT LAKES DECLARES DIVIDEND

 WEST LAFAYETTE, Ind., June 21 /PRNewswire/ -- Emerson Kampen, chairman, president, and chief executive officer of Great Lakes Chemical Corporation (NYSE: GLK), today announced that the board of directors declared a regular quarterly dividend of $.085 per share, payable on Aug. 3, 1993, to the holders of record of the common stock of the corporation on July 1, 1993.
 The company recently reported record earnings and revenues for the first three months of 1993. Net income for the first quarter of $64,242,000, or $.90 per share, topped the prior year's level of $53,035,000, or $.75 per share, by 21 percent. For the same period, revenues climbed 23 percent to $436,582,000 from the $354,602,000 reported for the first three months of 1992.
 Great Lakes Chemical Corporation, a Fortune 500 company, is the world's leading producer of bromine, brominated chemicals and furfural derivatives for such applications as flame retardants, agriculture, oil and gas well completion fluids, water sanitizers and other specialty applications. The stock of the company is traded on the New York Stock Exchange.
 -0- 6/21/93
 /CONTACT: David R. Bouchard or Gregory J. Griffith, both of Great Lakes Chemical Corporation, 317-497-6100/
 (GLK)


CO: Great Lakes Chemical Corporation ST: Indiana IN: CHM SU: DIV

AR -- CL015 -- 4078 06/21/93 13:16 EDT
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Publication:PR Newswire
Date:Jun 21, 1993
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