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COMMUNICATIONS SYSTEMS ANNOUNCES 2-FOR-1 STOCK SPLIT

 HECTOR, Minn., March 4 /PRNewswire/ -- Communications Systems, Inc. (NASDAQ: CSII) (CSI) announced today that its board of directors has declared a 2-for-1 stock split in the form of a 100 percent stock dividend. The stock dividend on the company's common shares was declared by the board on March 2 and will be payable to shareholders of record on March 19, 1993. The payment date of the stock dividend will be April 9, 1993.
 CSI also announced that the payment date for its regular quarterly cash dividend of $.09 per share will be April 1, 1993. The record date for the cash dividend will also be March 19, 1993.
 Curtis A. Sampson, CSI's chairman and chief executive officer stated that: "The 2-for-1 stock split reflects the board's confidence in CSI's financial strength and future prospects. By increasing the number of outstanding shares, our shareholders should benefit through a wider distribution of and improved marketability for the company's securities."
 CSI currently has approximately 4,434,000 common shares outstanding. After payment of the stock dividend, there will be approximately 8,868,000 common shares outstanding.
 CSI is headquartered in Hector, and is principally engaged in the manufacture and sale of connecting devices for telephone equipment.
 -0- 3/4/93
 /CONTACT: Curtis A. Sampson, chairman, president and chief executive officer, Paul N. Hanson, vice president-finance, or Avis J. Johnson, director of shareholder relations, 612-848-6231, all of Communciations Systems/
 (CSII)


CO: Communications Systems, Inc. ST: Minnesota IN: SU: DIV

AL -- MN008 -- 2947 03/04/93 11:39 EST
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Publication:PR Newswire
Date:Mar 4, 1993
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