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ADOLPH COORS DECLARES DIVIDEND

 ADOLPH COORS DECLARES DIVIDEND
 GOLDEN, Colo., Nov. 13 /PRNewswire/ -- The board of directors of


Adolph Coors Co. (NASDAQ: ACCOB) yesterday declared a quarterly dividend of 12-1/2 cents per share, payable Dec. 15, 1992, to shareholders of record Nov. 30, 1992.
 Adolph Coors Co., founded in 1873, is one of the 220 largest publicly traded industrial corporations in the United States. This diversified company operates four major businesses -- Coors Brewing Co., Coors Ceramics Co., Golden Aluminum Co. and Graphic Packaging Corp. -- as well as several high-tech developmental businesses.
 In May 1992, the company announced that it is pursuing a plan to spin off its diversified technology businesses to create a new public company. This transaction, if completed, would result in two separate public companies: Adolph Coors Co., which would serve as a holding company for Coors Brewing Co., and a new company called ACX Technologies Inc., which would serve as a holding company for Coors Ceramics Co., Golden Aluminum Co., Graphic Packaging Corp. and several developmental businesses. If all remaining contingencies are met, Adolph Coors Co. plans to dividend to its shareholders the stock of ACX Technologies in a tax-free transaction in late December.
 -0- 11/13/92
 /CONTACT: Dave Dunnewald or Becky Winning of Adolph Coors Co., 303-277-2555 or 800-525-3786/
 (ACCOB) CO: Adolph Coors Co. ST: Colorado IN: FOD SU: DIV


MC -- DV005 -- 0647 11/13/92 11:21 EST
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Publication:PR Newswire
Date:Nov 13, 1992
Words:231
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