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TELEFONOS DE MEXICO ANNOUNCES SHARE PURCHASE PROGRAM

 MEXICO CITY, April 29 /PRNewswire/ -- Telefonos de Mexico, S.A. de C.V. ("Telmex") (NYSE: TMX), announced today that a Telmex subsidiary intends, using a special-purpose trust, to purchase Telmex shares on the Mexican Stock Exchange during the next 20 business days up to a value of 930 million new pesos. The share purchase program was previously approved by the board of directors of Telmex and authorized by the Comision Nacional de Valores. Under Mexican law, shares purchased pursuant to the program must generally be resold within one year.
 -0- 4/29/93
 /CONTACT: Teresa Currielche of Telmex, in Mexico City, 52-5-703-3990/
 (TMX)


CO: Telefonos de Mexico, S.A. de C.V. ST: IN: TLS SU:

GK-OS -- NY110 -- 2847 04/29/93 16:30 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
Words:125
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