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UNDERWRITERS OF NWNL COMMON STOCK OFFERING EXERCISE OVERALLOTMENT OPTION

 UNDERWRITERS OF NWNL COMMON STOCK OFFERING
 EXERCISE OVERALLOTMENT OPTION
 MINNEAPOLIS, Oct. 22 /PRNewswire/ -- The NWNL Companies (NYSE: NWN) announced today that the underwriters of NWNL's recent common stock offering have exercised an option to purchase an additional 187,500 shares to cover over-allotments.
 The public offering price of the shares was $36.875 per share.
 The offering was underwritten by Goldman, Sachs & Co.; Donaldson, Lufkin & Jenrette Securities Corporation; and Dain Bosworth Incorporated.
 NWNL will invest the net proceeds from the sale of the shares in its life insurance operations.
 The NWNL Companies is a Minneapolis-based holding company specializing in the life and health insurance and annuity businesses.
 -0- 10/22/92
 /CONTACT: Jan Pedersen of NWNL, 612-372-5623/
 (NWN) CO: The NWNL Companies ST: Minnesota IN: INS SU:


AL -- MN007 -- 3355 10/22/92 09:23 EDT
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Publication:PR Newswire
Date:Oct 22, 1992
Words:136
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