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IMCERA'S BOARD OF DIRECTORS INCREASES QUARTERLY COMMON STOCK DIVIDEND BY NEARLY 14 PERCENT TO 12.5 CENTS PER SHARE

 NORTHBROOK, Ill., Oct. 20 /PRNewswire/ -- The board of directors of IMCERA Group Inc. (NYSE: IMA) today voted to increase the quarterly cash dividend on the common stock by nearly 14 percent, from 11 cents to 12.5 cents per share.
 The board action occurred in conjunction with IMCERA's 84th Annual Meeting of Shareholders held this morning in St. Louis.
 "The dividend increase is a message to shareholders and prospective owners that our board has great confidence in IMCERA's long-term prospects," said C. Ray Holman, president and chief executive officer of IMCERA. "It also reinforces management's belief that IMCERA is back on track to deliver sustained growth and profitability and reaffirms our commitment to continually improving our shareholders' total return on investment."
 The quarterly dividend increase will be effective with the next regular dividend payment, which is payable on Dec. 31, 1993, to shareholders of record at the close of business on Dec. 17, 1993.
 In addition, the board declared today the regular $1.00 per share quarterly dividend on IMCERA's 4 percent cumulative preferred stock, also payable on Dec. 31, 1993, to shareholders of record at the close of business on Dec. 17, 1993. The preferred stock dividend remains unchanged.
 A Fortune 250 company with fiscal 1993 net sales of nearly $1.8 billion, IMCERA provides human and animal health care products and specialty chemicals through its three international, technology-based businesses -- Mallinckrodt Medical of St. Louis; Mallinckrodt Specialty Chemicals of Chesterfield, Mo.; and Pitman-Moore of Mundelein, Ill.
 -0- 10/20/93
 /CONTACT: Dave Prichard (press and investors) of IMCERA, 708-205-2270/
 (IMA)


CO: IMCERA Group Inc. ST: Illinois IN: HEA CHM SU: DIV

GK -- NY057 -- 4542 10/20/93 11:49 EDT
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Publication:PR Newswire
Date:Oct 20, 1993
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