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ARCO CALLS FOR EARLY REDEMPTION OF TWO DEBENTURES

 LOS ANGELES, Nov. 30 /PRNewswire/ -- ARCO announced today it is calling for early redemption two of its debenture issues:
 -- The $30.8 million outstanding 7.7 percent debentures due Dec. 15, 2000, at a redemption price of 100.6 percent of the principal amount, together with interest accrued to the redemption date, Jan. 1, 1994, and;
 -- The $52.3 million outstanding 7 3/4 percent debentures due Dec. 15, 2003, at a redemption price of 101.55 percent of the principal amount, together with interest accrued to the redemption date, Jan. 1, 1994.
 To receive payment on the 7.7 percent debentures due Dec. 15, 2000, registered owners are required to present and surrender the debentures for redemption at the office of The Chase Manhattan Bank by mail or by hand delivery to the appropriate address set forth below:
 -- By mail: The Chase Manhattan Bank, N.A., 4 Chase MetroTech Center, Third Floor, Box 2020, Brooklyn, NY, 11245;
 -- By hand: The Chase Manhattan Bank, N.A., Institutional Trust Group Window, 1 Chase Manhattan Plaza, Floor 1-B, New York, NY 10081
 To receive payment on the 7 3/4 percent debentures due Dec. 15, 2003, registered owners are required to present and surrender the debentures for redemption at the office of Chemical Bank by mail or by hand delivery to the appropriate address set forth below:
 -- By mail: Chemical Bank, Debt Operations Dept., J.A.F. Building, P.O. Box 2862, New York, NY 10116-2862;
 -- By hand: Chemical Bank, Room 234 -- North Building, Corporate Trust Securities Window, 55 Water St., New York, NY 10041.
 -0- 11/30/03
 /CONTACT: Albert Greenstein of ARCO, 213-486-3384/
 (ARC)


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Publication:PR Newswire
Date:Nov 30, 1993
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