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NOVA CORP. OF ALBERTA DIVIDEND NOTICE

 CALGARY, Alberta, June 25 /PRNewswire/ -- Notice is hereby given that the board of directors of NOVA Corp. of Alberta has declared the following quarterly dividend, payable on the 15th day of August 1993, to shareholders of record at the close of business on the 10th day of August 1993.
 Preferred Shares
 9 1/8 percent series, Dividend No. 34:
 Dividend on the outstanding 9 1/8 percent Cumulative Redeemable Fixed/Floating Rate First Preferred Shares for the period ending Aug. 15, 1993, will be in an amount per share equal to one-quarter of 70 percent of the average of the Prime Rate (as defined in the provisions attaching to the 9 1/8 percent Cumulative Redeemable Fixed/Floating Rate First Preferred Shares) in effect on each day during the three calendar months ended on the last day of July 1993 (the "calculation period"), multiplied by $25.00. Such dividend is estimated to be $0.2625 per share, based on a Prime Rate of 6 percent. This amount may vary depending upon the actual Prime Rate in effect for the calculation period, and further notification will be made once the actual dividend amount is determined.
 -0- 6/25/93
 /CONTACT: J.S. Mustoe, VP, General Counsel and Corporate Secretary of NOVA, 403-290-7636/
 (NVA.)


CO: NOVA Corp. of Alberta ST: Alberta IN: OIL SU: DIV

JB-LS -- LA016 -- 5782 06/25/93 13:36 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
Words:232
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