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ALDUS BOARD OF DIRECTORS ADOPTS SHAREHOLDER RIGHTS PLAN

 ALDUS BOARD OF DIRECTORS ADOPTS SHAREHOLDER RIGHTS PLAN
 SEATTLE, Oct. 7 /PRNewswire/ -- The board of directors of Aldus Corp. (NASDAQ: ALDC) late yesterday adopted a shareholder rights plan, declaring a distribution of one preferred-share purchase right on each outstanding share of Aldus common stock, the company said today. The distribution will be made as a dividend on Oct. 16, 1992, to shareholders of record on that date.
 "The plan is designed to ensure that shareholders receive fair and equitable treatment in the event of any proposed acquisition of the company and to guard against any abusive tactics used to gain control of Aldus," said Paul Brainerd, president and chief executive officer. "We believe the rights will assist the board of directors in maximizing long-term value for the company's shareholders in the unlikely event of a takeover proposal."
 The purpose of the rights plan is to encourage anyone seeking to acquire Aldus to negotiate with the board of directors before attempting an acquisition. The rights are not being distributed in response to any effort to acquire control of the company, and the board is not currently aware of any such effort.
 Under the plan, if a person or group acquires 15 percent or more of Aldus common stock or announces a tender offer that would result in ownership of 15 percent or more of the common stock, the rights separate from the shares to which they relate and become exercisable. At that point, the plan allows holders of the rights -- other than the 15 percent acquiror -- to purchase shares of Aldus stock at a substantial discount.
 Details of the rights plan are outlined in a letter and summary of rights that will be mailed to shareholders shortly after the Oct. 16 record date. The rights expire Oct. 15, 2002.
 Aldus Corp. develops computer software solutions that help people throughout the world effectively communicate information and ideas.
 -0- 10/7/92
 /CONTACT: John Snyder of Aldus, 206-343-3289/
 (ALDC) CO: Aldus Corp. ST: Washington IN: CPR SU: SRP


LM -- SE001 -- 7355 10/07/92 09:30 EDT
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Publication:PR Newswire
Date:Oct 7, 1992
Words:344
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