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MIDWEST POWER SYSTEMS DECLARES DIVIDEND

 DES MOINES, Iowa, July 20 /PRNewswire/ -- The board of directors of Midwest Power Systems Inc. has declared the regular quarterly dividend on the $3.30, $3.75, $3.90, $4.20, $4.35, $4.40, $4.80, $7.64, $8.08, $8.32 and $8.52 preferred stock payable Sept. 1, 1993 to shareholders of record Aug. 9, 1993.
 Midwest Power Systems is the utility subsidiary of Midwest Resources Inc. (NYSE: MWR), a utility holding company headquartered in Des Moines. Midwest Power Systems has two operating divisions: Midwest Power and Midwest Gas. Midwest Power provides electric service to 417,000 customers in Iowa and South Dakota. Midwest Gas serves 370,000 customers in Iowa, Minnesota, Nebraska and South Dakota.
 -0- 7/20/93
 /CONTACT: J. Sue Rozema of Midwest Power Systems, 515-281-2250/
 (MWR)


CO: Midwest Power Systems Inc.; Midwest Resources Inc. ST: Iowa IN: UTI SU: DIV

MC -- DV005 -- 6848 07/20/93 12:56 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
Words:156
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