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MISSOURI PACIFIC RAILROAD ISSUES STATEMENT

 BETHLEHEM, Pa., March 16 /PRNewswire/ -- Missouri Pacific Railroad Company announced today it will pay interest on April 1, 1993, in respect of the 5-1/2 percent Subordinated Income Debentures issued by The Missouri-Kansas-Texas Railroad Company.
 The debentures were assumed by the Missouri Pacific Railroad Company when it acquired The Missouri-Kansas-Texas Railroad Company in 1988. Such payment shall consist of $2,841,602.50 (or $5.50 for each $100 principal amount) in interest for 1992 and $3,603,367.96 (or $6.97 for each $100 principal amount) in unpaid accumulated interest. A copy of the Available Income calculation supporting the interest payment is available for inspection during regular business hours at the offices of the Trustee, Chemical Bank, 450 W. 33rd St., New York, NY, 10001.
 The close of business on March 26, 1993, has been established as the record date for determining persons owning registered Debentures without coupons who are entitled to receive interest. Interest on registered Debentures without coupons shall be paid by check mailed to the registered holder as of the record date at the address indicated in the Trustee's records. Interest on Debentures with coupons shall be paid upon presentation and surrender of a coupon or coupons maturing April 1, 1993, at the Trustee's New York offices, as follows:
 If by mail: Chemical Bank, Debt Operations, GPO Station, Church Street Station, New York, NY, 10116-2862. If by hand: Chemical Bank, Corporate Tellers, P.O. Box 22861, 55 Water St., Room 234, 2nd floor- North Building, New York, NY, 10041.
 Unpaid accumulated interest shall be paid pro rata based on the proportion of the principal amount of Debentures owned by each person entitled to receive interest in 1992 to the total principal amount of Debentures outstanding. The total principal amount of Debentures outstanding is $51,665,500.
 /delval/
 -0- 3/16/93
 /CONTACT: Harvey S. Turner of Union Pacific, 215-861-3388/


CO: The Missouri-Kansas-Texas Railroad Company ST: Pennsylvania IN: TRN SU:

LJ-CC -- PH037 -- 6762 03/16/93 17:06 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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