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CHAMPION INTERNATIONAL CORPORATION DECLARES DIVIDENDS

 STAMFORD, Conn., Aug. 19 /PRNewswire/ -- The board of directors of Champion International Corporation (NYSE: CHA) today declared regular quarterly dividends on the company's common stock and $92.50 cumulative convertible preference stock.
 A quarterly dividend of five cents per share on Champion's common stock will be paid on Oct. 13, 1993, to holders of record on Sept. 17, 1993.
 A quarterly dividend of $23.125 per share on Champion's $92.50 cumulative convertible preference stock will be paid on Sept. 30, 1993, to holders of record on Sept. 17, 1993.
 Champion is one of America's leading manufacturers of paper for business communications, commercial printing, publications, and newspapers. Headquartered in Stamford, the company owns or controls nearly six million acres of timberlands in the United States and is also a major manufacturer of plywood and lumber.
 -0- 8/19/93
 /CONTACT: Mary E. Green of Champion International, 203-358-7900/
 (CHA)


CO: Champion International Corporation ST: Connecticut IN: SU: DIV

SH -- NY020 -- 4235 08/19/93 10:14 EDT
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Publication:PR Newswire
Date:Aug 19, 1993
Words:166
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