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DRESSER INDUSTRIES, INC. ANNOUNCES THE SALE OF $300 MILLION OF NOTES

 DALLAS, June 9 /PRNewswire/ -- Dresser Industries, Inc. (NYSE: DI), announced today the public offering of $300 million of 6.25 percent notes due June 1, 2000. Merrill Lynch & Co., Dillon, Read & Co., Inc., and Goldman, Sachs & Co. are the underwriters of the issue.
 The notes are rated "A1" by Moody's, "A+" by Duff & Phelps and "A-" by Standard & Poor's. They constitute unsecured and unsubordinated funded debt of the company. The notes are not redeemable prior to their stated maturity and no sinking fund is required.
 The net proceeds from the sale of the notes will be used to repay commercial paper which was used to finance the recent acquisition of Bredero Price Holding B.V. and TK Valve & Manufacturing, Inc.
 A copy of the prospectus related to this offering may be obtained from Dresser Industries, Inc., P.O. Box 718, Dallas, TX 75221, Attention: the Secretary (telephone 214-740-6000).
 Headquartered in Dallas, Dresser is a leading supplier of highly engineered products and services utilized in hydrocarbon energy-related activities throughout the world.
 -0- 6/9/93
 /CONTACT: Donald R. Galletly of Dresser, 214-740-6757/
 (DI)


CO: Dresser Industries, Inc. ST: Texas IN: SU: OFR

GK -- NY066 -- 0299 06/09/93 16:40 EST
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Publication:PR Newswire
Date:Jun 9, 1993
Words:200
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