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DOWNEY SAVINGS DECLARES QUARTERLY DIVIDEND

 NEWPORT BEACH, Calif., Jan. 27 /PRNewswire/ -- The Board of Directors of Downey Savings & Loan Association (NYSE/PSE: DSL) today declared an $0.08 per share cash dividend payable on February 19, 1993, to shareholders of record on February 8, 1993.
 Downey Savings, with assets of $3.5 billion, has 51 offices throughout California.
 -0- 1/27/93
 /CONTACT: Thomas E. Prince, Chief Financial Officer of Downey Savings, 714-854-3100, ext. 2200/
 (DSL)


CO: Downey Savings and Loan Association ST: California IN: FIN SU: DIV

KJ-JB -- LA030 -- 9965 01/27/93 18:37 EST
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Publication:PR Newswire
Date:Jan 27, 1993
Words:92
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