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AMERICAN STORES CO. DECLARES QUARTERLY CASH DIVIDEND, RE-ELECTS FIVE CLASS III DIRECTORS

 SALT LAKE CITY, June 22 /PRNewswire/ -- The board of directors of American Stores Co. (NYSE: ASC) today declared a quarterly cash dividend on American Stores Co. common stock of 20 cents per common share. The dividend is payable July 15, 1993, to shareholders of record on July 2, 1993.
 The company also announced that at its annual meeting of shareholders, held today in Chicago, the shareholders of American Stores Co. re-elected five Class III Directors, who will serve for a term of three years. They are:
 -- Henry I. Bryant, managing director of J.P. Morgan & Co.,
 New York;
 -- Louis H. Callister, chairman of the board of the law firm of
 Callister, Duncan & Nebeker, Salt Lake City;
 -- Michael T. Miller, president and executive director of ALSAM
 Foundation, Salt Lake City;
 -- Barbara S. Preiskel, retired, former senior vice president and
 general counsel of the Motion Picture Association of America,
 New York; and
 -- Aline W. Skaggs, civic leader, member of The National Advisory
 Council for the University of Utah and member of the board of
 directors of KUED Television in Salt Lake City.
 -0- 6/22/93
 /CONTACT: Meredith Anderson, VP-public, government and investor relations of American Stores, 801-539-0112/
 (ASC)


CO: American Stores Co. ST: Utah IN: REA SU: DIV PER

EH-LS -- LA019 -- 4631 06/22/93 14:27 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
Words:217
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