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TOLL BROTHERS ANNOUNCES FILING OF $250 MILLION UNIVERSAL SHELF REGISTRATION

 HUNTINGDON VALLEY, Pa., Jan. 3 /PRNewswire/ -- Toll Brothers, Inc. (NYSE: TOL), a builder of luxury homes in nine states comprised of the Mid-Atlantic and Northeast regions and California, announced that it, along with its wholly owned subsidiary Toll Corp., filed a $250 million Universal Shelf Registration Statement with the Securities and Exchange Commission on Dec. 30, 1993.
 As per the filing, the company may, from time to time over an extended period, offer up to $250 million in new debt securities and equity securities. A shelf registration of this type will allow Toll Brothers to quickly and periodically access capital markets. The timing and amount of any offerings will depend on market and general business conditions. Net proceeds from the sale of the securities will be used for general corporate purposes including the acquisition of residential development properties.
 /delval/
 -0- 1/3/94
 /CONTACT: Joseph R. Sicree, director of investor relations of Toll Brothers, 215-938-8145/
 (TOL)


CO: Toll Brothers, Inc. ST: Pennsylvania IN: CST SU:

JM -- PH010 -- 8539 01/03/94 14:02 EST
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Publication:PR Newswire
Date:Jan 3, 1994
Words:174
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