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THE COOPER COMPANIES ANNOUNCES EXTENSION OF EXCHANGE OFFER AND CONSENT SOLICITATION

 FORT LEE, N.J., Dec. 8 /PRNewswire/ -- The Cooper Companies, Inc. (NYSE: COO) announced today that it has extended the period during which its exchange offer and consent solicitation relating to its 10-5/8 percent convertible subordinated reset debentures due 2005 will remain open. The exchange offer and consent solicitation will now expire at 5 p.m., New York City time, on Dec. 16, 1993, subject to further extensions.
 As the company previously announced, the holders of debentures who comprise the informal committee of debentureholders have agreed to tender their debentures in the exchange offer and consent solicitation if the company makes certain modifications to that transaction and certain significant conditions are satisfied. The company has agreed to the principal economic modifications described in its prior announcement and is continuing to negotiate with the committee and its advisors in the hope of reaching agreement on the remaining unresolved terms. Assuming successful completion of those negotiations, the exchange offer and consent solicitation will be amended to reflect the revised terms, which will be offered to all holders of debentures, and further extended as required by applicable law. As of 5 p.m., New York City time, on Dec. 7, 1993, the exchange agent had received tenders and consents with respect to $4,105,000 aggregate principal amount of debentures.
 NOTE: The principal subsidiaries of The Cooper Companies, Inc. are CooperVision, Inc., CooperVision Pharmaceuticals, Inc., CooperSurgical, Inc., and Hospital Group of America, Inc.
 -0- 12/8/93
 /CONTACT: Marisa A. Heine or Peter C. Harkins of D.F. King & Co., 212-269-5550
 (COO)


CO: Cooper Companies ST: New Jersey IN: FIN SU: OFR

WB -- NY109 -- 1967 12/08/93 17:47 EST
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Publication:PR Newswire
Date:Dec 8, 1993
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