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DELL COMPUTER CORPORATION ANNOUNCES THREE-FOR-TWO STOCK SPLIT

      DELL COMPUTER CORPORATION ANNOUNCES THREE-FOR-TWO STOCK SPLIT
    AUSTIN, Texas, March 10 /PRNewswire/ -- The board of directors of Dell Computer Corporation (NASDAQ: DELL) has authorized a three-for-two stock split payable in the form of a 50 percent stock dividend to be issued on April 9, 1992, to stockholders of record at March 23, 1992.
    This is the first stock dividend in the company's history.  Dell completed its initial public offering in June 1988, and a supplemental offering in April 1991.  At the end of its most recent fiscal quarter (ended Feb. 2, 1992), there were 23.9 million common shares issued and outstanding.
    "The stock dividend is an indication of our confidence in the current and future growth prospects for Dell -- and our commitment to share the company's success with our stockholders," said Michael S. Dell, chairman and chief executive officer.
    Dell separately today announced record fourth quarter and fiscal year results.
    Dell Computer Corporation designs, develops, manufactures, markets, services and supports a complete line of personal computers compatible with industry standards.  Dell pioneered the direct marketing of personal computers in 1984 and was the first company in the PC industry to offer manufacturer-direct technical support.  Information on the company and its products can be obtained through its toll-free number: 1-800-BUY-DELL (1-800-289-3355).
    -0-                  3/10/92
    /NOTE TO EDITORS:  Dell is a registered trademark of Dell Computer Corporation./
    /CONTACT:  Michele Moore, 512-343-3535, or Don Collis, 512-338-8671, both of Dell Computer/
    (DELL) CO:  Dell Computer Corporation ST:  Texas IN:  CPR SU: SM -- NY014 -- 6710 03/10/92 08:18 EST
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Publication:PR Newswire
Date:Mar 10, 1992
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