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DOW EVALUATES IMPACT OF PROPOSED SETTLEMENT BY DOW CORNING

 MIDLAND, Mich., Sept. 9 /PRNewswire/ -- Dow Corning Corporation announced today that a global settlement concerning the silicone breast implant matter has been proposed. Major aspects of the agreement have not been completed at this time.
 According to Enrique C. Falla, executive vice president and chief financial officer of The Dow Chemical Company (NYSE: DOW), "This proposed global settlement could have a material adverse effect on Dow's net income for the period in which it is recorded by Dow Corning, but it will not have a material impact on Dow's overall financial condition."
 Dow Chemical is a 50 percent shareholder in Dow Corning.
 -0- 9/9/93
 /CONTACT: Douglas Draper of Dow Chemical, 517-636-2876/
 (DOW GLW)


CO: The Dow Chemical Company; Dow Corning Corporation ST: Michigan IN: CHM MTC SU:

SB -- DE008 -- 0154 09/09/93 09:08 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
Words:138
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