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KRUG INTERNATIONAL DECLARES FIVE PERCENT STOCK DIVIDEND

 DAYTON, Ohio, Feb. 22 /PRNewswire/ -- KRUG International (NASDAQ: KRUG) announced today that its board of directors declared a five percent stock dividend on its outstanding common shares. The record date for the dividend is March 15, 1993 and certificates for the dividend shares will be mailed on April 9, 1993 to shareholders of record of the corporation on March 15, 1993. No fractional shares will be issued. In lieu thereof, shareholders will be paid in cash the value of their fractional interest based on the price of the corporation's shares on March 15, 1993.
 Through its three businesses -- Aerospace in the U.S., Leisure Marine and Housewares in the U.K. -- KRUG International provides government, industry and consumers with a wide variety of products and services. For more than 30 years, the Aerospace business has been providing technical and professional services to NASA and the Department of Defense in life sciences research, laboratory operations and biotechnology development. Included in Aerospace is Alpha Net, a network communications company that designs, installs and maintains local and wide area network for data, voice and video communications with emphasis on fiber optics.
 In the U.K., KRUG International manufactures housewares and garden products and distributes leisure marine equipment.
 KRUG International common shares are traded on the NASDAQ National Market System, symbol KRUG; Wall Street Journal OTC National Market issue, symbol KRUG.
 -0- 2/22/93
 /CONTACT: Ellen H. Geron, director, corporate communications, KRUG International, 513-224-9066/
 (KRUG)


CO: KRUG International ST: Ohio IN: ARO LEI SU: DIV

KK -- CL004 -- 8841 02/22/93 09:31 EST
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Publication:PR Newswire
Date:Feb 22, 1993
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