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MARRIOTT TO OFFER $150 MILLION IN CONVERTIBLE PREFERRED STOCK

 MARRIOTT TO OFFER $150 MILLION IN CONVERTIBLE PREFERRED STOCK
 WASHINGTON, Dec. 3 /PRNewswire/ -- Marriott Corporation (NYSE: MHS) said today that it will offer $150 million in convertible preferred stock under the company's shelf registration statement which became effective on Nov. 29. The dividend rate and conversion price of the stock will be fixed prior to commencement of the offering.
 The underwriting is being managed by Merrill Lynch & Co. and Goldman, Sachs & Co.
 This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under securities laws of any such state. The offering of these securities in the state of New York shall only be made by means of a prospectus filed with the Department of Law of the State of New York. The attorney general of the state of New York has not passed upon or endorsed the merits of the offering.
 Marriott Corporation, based in Washington, is a diversified hospitality company involved in lodging and contract services.
 -0- 12/3/91
 /CONTACT: R. A. Rankin Jr. or Nick Hill of Marriott Corporation, 301-380-7770/
 (MHS) CO: Marriott Corporation ST: District of Columbia IN: LEI SU:


DC-MH -- DC009 -- 8919 12/03/91 17:02 EST
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Publication:PR Newswire
Date:Dec 3, 1991
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