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DEL WEBB CORP. FILES SHELF REGISTRATION STATEMENT FOR SENIOR SUBORDINATED DEBT

 PHOENIX, Jan. 8 /PRNewswire/ -- Del Webb Corp. (NYSE: WBB) filed today with the Securities and Exchange Commission a shelf registration statement covering up to $100 million of its Senior Subordinated Debt Securities, which the company may offer from time to time in the future. The interest rate, maturity date and other principal terms of the Debt Securities will be established at the time of their sale. The company may offer the Debt Securities through underwriters to be named in the future, through agents or otherwise.
 Del Webb Corp. is one of the nation's leading developers of active adult communities, with projects in the Phoenix, Tucson, Las Vegas and Palm Springs metropolitan areas.
 A registration statement relating to the debt securities has been filed with the SEC but has not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release will not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 1/8/93
 /CONTACT: Ken Plonski of Del Webb, (office) 602-468-6871, or (home) 602-972-1210
 (WBB)


CO: Del Webb Corp. ST: Arizona IN: SU: OFR

JB-BP -- SD003 -- 3208 01/08/93 17:31 EST
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Publication:PR Newswire
Date:Jan 8, 1993
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