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FIRST FEDERAL ANNOUNCES DIVIDEND AND STOCK SPLIT

 LA CROSSE, Wis., Jan 27 /PRNewswire/ -- First Federal Capital Corp. (NASDAQ: FTFC) announced today that its board of directors declared a regular quarterly dividend of $.15 per share. The dividend will be payable March 11 to stockholders of record on Feb. 18.
 In another action, the board of directors also approved a 2-for-1 stock split in the form of a common stock dividend payable on March 18 to stockholders of record on Feb. 18. The dividend of $.15 per share will be payable to shareholders on a pre-split basis.
 In making the announcement, Thomas W. Schini, company president and CEO stated that, "The stock split, which will double the number of shares outstanding and correspondingly reduce the stock's price, should broaden investor interest in the company and increase the liquidity of the company's shares."
 First Federal Capital Corp, currently with $2.6 million shares outstanding, is traded on the NASDAQ stock market under the symbol FTFC. Shares of the stock closed at a price of $27.75 on Wednesday, Jan. 27.
 -0- 1/27/93
 /CONTACT: Bob Rousey of First Federal Capital Corp, 608-784-8000/
 (FTFC)


CO: First Federal Capital Corp. ST: Wisconsin IN: FIN SU: DIV

KH -- MN016 -- 9947 01/27/93 17:49 EST
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Publication:PR Newswire
Date:Jan 27, 1993
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