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COOPER ANNOUNCES COMMENCEMENT OF INITIAL PUBLIC OFFERING OF BELDEN STOCK

 HOUSTON, Sept. 29 /PRNewswire/ -- Cooper Industries, Inc. (NYSE: CBE) announced that a public offering of 21,000,000 shares of common stock of Belden Inc. (NYSE: BWC) commenced today at an initial public offering price of $14.25 per share. Cooper Industries, Inc. will receive all the net proceeds of the offering and has granted to the underwriters options for 30 days to purchase up to an additional 2,500,000 shares solely to cover overallotments. Prior to the offering, Belden was a division of Cooper Industries.
 Dillon, Read & Co. Inc. and Merrill Lynch & Co. are co-managing the 16,800,000 shares initially being offered in the United States and Canada, and Dillon, Read & Co. Inc., Merrill Lynch International Limited and Swiss Bank Corporation are co-managing the 4,200,000 shares initially being offered outside the United States and Canada.
 The common stock of Belden Inc. has been listed on the New York Stock Exchange for trading under the symbol BWC. Belden is a leader in the design, manufacture and marketing of wire, cable and cord products for the electronics and electrical markets.
 Cooper Industries, with 1992 revenues of $6.2 billion, is a diversified, worldwide manufacturer of electrical products, electrical power equipment, tools and hardware, automotive products, and petroleum and industrial equipment.
 This communication does not constitute an offer to sell or a solicitation of an offer to buy the securities. The offer is made only by the prospectus. A written prospectus may be obtained from Dillon, Read & Co. Inc. or Merrill Lynch & Co.
 -0- 9/29/93
 /CONTACT: Ellen H. Orsburn, director-corporate communications of Cooper Industries, Inc., 713-739-5423/
 (CBE BWC)


CO: Cooper Industries; Belden, Inc. ST: Texas IN: CPR SU: OFR

TM -- NY089 -- 7033 09/29/93 18:33 EDT
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Publication:PR Newswire
Date:Sep 29, 1993
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