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CARTER-WALLACE SHAREHOLDERS APPROVE 3-FOR-1 STOCK SPLIT

 CARTER-WALLACE SHAREHOLDERS APPROVE 3-FOR-1 STOCK SPLIT
 NEW YORK, April 21 /PRNewswire/ -- Carter-Wallace, Inc. (NYSE: CAR)


today announced that it has received the required shareholder consent from each class of its outstanding common stock to approve the three-for-one stock split previously authorized by Carter-Wallace's board of directors.
 Shareholder consent approving the stock split was received from 87 percent of the outstanding shares of common stock and 95 percent of the outstanding shares of Class B common stock. As of Feb. 24, 1992, Carter-Wallace had outstanding 10,977,155 shares of common stock and 4,287,647 shares of Class B common stock.
 As a result of the stock split, each outstanding and treasury share of the company's common stock and Class B common stock held of record at the close of business on April 27, 1992 will be converted into three shares of the company's common stock and Class B stock, respectively. The company expects to begin mailing on May 6, 1992 stock certificates representing the additional shares of common stock and Class B common stock resulting from the stock split.
 Carter-Wallace, Inc. markets toiletries, proprietary drugs, pharmaceuticals, diagnostic specialties and pet products.
 -0- 4/21/92
 /CONTACT: Ralph Levine of Carter-Wallace, 212-339-5000/
 (CAR) CO: Carter-Wallace Inc. ST: New York IN: MTC SU:


TQ-HM -- NY059 -- 0595 04/21/92 11:30 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
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