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FIRST EMPIRE STATE CORPORATION ANNOUNCES DIVIDEND

 FIRST EMPIRE STATE CORPORATION ANNOUNCES DIVIDEND
 BUFFALO, N.Y., April 22 /PRNewswire/ -- First Empire State


Corporation ("First Empire") (AMEX: FES) announced that its Board of Directors yesterday declared a regular quarterly cash dividend of 40 cents per share on First Empire's common stock. The dividend will be paid on June 23, 1992 to common stockholders of record as of the close of business on June 2, 1992.
 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, 1992 to the preferred stockholder of record as of the close of business on June 19, 1992.
 First Empire is a $9.0 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).
 -0- 4/22/92
 /CONTACT: Gary Paul of First Empire State Corporation, 716-842-5130/
 (FES) CO: First Empire State Corporation ST: New York IN: FIN SU: DIV


CG -- CL014 -- 1296 04/22/92 12:55 EDT
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Publication:PR Newswire
Date:Apr 22, 1992
Words:177
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