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MCDERMOTT INTERNATIONAL DECLARES DIVIDEND

 NEW ORLEANS, Aug. 10 /PRNewswire/ -- Robert E. Howson, chairman of the board and chief executive officer of McDermott International, Inc., (NYSE: MDR) said today the board of directors voted a quarterly dividend of $0.25 a share on the common stock of the company, payable Oct. 1, to stockholders of record on Sept. 15.
 The board also declared a quarterly dividend of $0.67881 a share on the Series C $2.875 Cumulative Convertible Stock of the company, payable Oct. 1 to stockholders of record on Sept. 15.
 In a separate action, the board of directors of McDermott Incorporated, a subsidiary of McDermott International, Inc., declared a quarterly dividend of $0.55 per share on the Series A $2.20 Cumulative Convertible Preferred Stock and $0.65 per share on the Series B $2.60 Cumulative Preferred Stock, both payable Oct. 1 to stockholders of record on Sept. 15.
 McDermott International, Inc. is a leading worldwide energ company. The company and its subsidiaries manufacture steam-generating equipment, environmental equipment, and defense and aerospace products. They also provide engineering and construction services for industrial and utility facilities onshore, and to the oil and gas industry offshore.
 -0- 8/10/93
 /CONTACT: Don Washington of McDermott International, 504-587-4080/
 (MDR)


CO: McDermott International, Inc. ST: Louisiana IN: OIL SU: DIV

RA-TG -- AT014 -- 1262 08/10/93 14:23 EDT
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Publication:PR Newswire
Date:Aug 10, 1993
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