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COASTAL'S ANR DECLARES DIVIDEND

 HOUSTON, May 3 /PRNewswire/ -- The board of directors of ANR Pipeline Company has declared regular quarterly dividends on its publicly held cumulative preferred stock.
 The dividends are 66.875 cents per share on the $2.675 series and 53 cents per share on the $2.12 series.
 The dividends on each series are payable June 1, 1993, to stockholders of record at the close of business on May 15, 1993.
 ANR Pipeline Company, a Detroit-based subsidiary of The Coastal Corporation (NYSE: CGP), which made the announcement today, operates a 12,601-mile interstate natural gas pipeline system that serves 47 local distribution companies in nine midwestern states and provides transportation services for pipelines, end-users and other customers all across the nation.
 The Coastal Corporation is a Houston-based holding company. Coastal has consolidated assets of more than $10 billion and subsidiary operations in natural gas marketing, transmission and storage, oil and gas exploration and production, refining and marketing, coal, chemicals, trucking and independent power production.
 -0- 5/3/93
 /CONTACT: Dave Scott, 713-877-3839, or Marian Droll, 313-496-3756, both of Coastal/
 (CGP)


CO: ANR Pipeline Company; The Coastal Corporation ST: Michigan, Texas IN: OIL SU: DIV

WB-GK -- NY098 -- 3979 05/03/93 16:41 EDT
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Publication:PR Newswire
Date:May 3, 1993
Words:202
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