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FEDERAL-MOGUL DECLARES SECOND-QUARTER DIVIDEND

 SOUTHFIELD, Mich., March 24 /PRNewswire/ -- The board of directors of Federal-Mogul Corporation (NYSE: FMO) today declared the regular quarterly dividend of 12 cents a share on the common stock of the company and $.96875 per share on the Series D convertible exchangeable preferred stock.
 Both dividends are payable June 10, 1993, to shareowners of record at the close of business on May 26, 1993. It will be the 229th consecutive dividend paid on the common stock of the company.
 Headquartered in Southfield, Federal-Mogul is a global distributor and manufacturer of a broad range of precision parts primarily for automobiles, light trucks, heavy trucks, and farm and construction vehicles. It operates 34 plants, more than 70 distribution centers and four major research centers around the world.
 -0- 3/24/93
 /CONTACT: Lonnie Ross of Federal-Mogul Corporation, 313-354-9934/
 (FMO)


CO: Federal-Mogul Corporation ST: Michigan IN: AUT SU: DIV

JG -- DE005 -- 9005 03/24/93 09:55 EST
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Publication:PR Newswire
Date:Mar 24, 1993
Words:155
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