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FIRST EMPIRE DECLARES QUARTERLY CASH DIVIDEND

 BUFFALO, N.Y., April 21 /PRNewswire/ -- First Empire State Corporahare on First Empire's common stock. This represents an increase of 25 percent, or ten cents, from the previous quarterly common dividend. The dividend will be paid June 29, 1993, to common stockholders of record as of the close of business on June 1, 1993.
 First Empire's board of directors also declared a regular quarterly cash dividend on First Empire's 9 percent convertible preferred stock. The dividend will be paid June 30, 1993, to the preferred stockholder of record as of the close of business on June 18, 1993.
 First Empire is a $10 billion bank holding company whose subsidiaries include Manufacturers and Traders Trust Company (Buffalo, N.Y.) and The East New York Savings Bank (New York City, N.Y.).
 -0- 4/21/93
 /CONTACT: Gary S. Paul of First Empire State Corporation, 716-842-5130/
 (FES)


CO: First Empire State Corporation ST: New York IN: FIN SU: DIV

KL -- CL005 -- 8524 04/21/93 09:13 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:166
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