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REDEMPTION OF MOBIL ALASKA PIPELINE COMPANY 8.45 PERCENT DEBENTURES

 REDEMPTION OF MOBIL ALASKA PIPELINE COMPANY 8.45 PERCENT DEBENTURES
 FAIRFAX, Va., Sept. 21 /PRNewswire/ -- Mobil Alaska Pipeline Company has called for redemption all of its outstanding 8.45 percent debentures due 2005 which are guaranteed by Mobil Corporation (NYSE: MOB). About $92 million principal amount of the debentures are outstanding. The redemption date for all debentures is Oct. 21, 1992. Interest on all of the debentures will cease to accrue on the redemption date.
 The debentures will be redeemed at a redemption price of 102.71 percent of the principal amount thereof together with accrued interest to the redemption date. A written notice of redemption, which prescribes the redemption procedures, has been sent to holders of the debentures. The paying agent is Continental Bank, 231 S. LaSalle St., Chicago, Ill.
 -0- 9/21/92
 /CONTACT: John Lord of Mobil, 703-846-2500/
 (MOB) CO: Mobil Alaska Pipeline Company; Mobil Corporation ST: Alaska, Virginia IN: OIL SU:


PS -- NY077 -- 1785 09/21/92 15:05 EDT
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Publication:PR Newswire
Date:Sep 21, 1992
Words:164
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