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FIRST FIDELITY DECLARES DIVIDENDS ON PREFERRED STOCK

 LAWRENCEVILLE, N.J., Aug. 27 /PRNewswire/ -- The board of directors of First Fidelity Bancorporation (NYSE: FFB) today approved payment of the regular quarterly dividends on all classes of its preferred stock.
 First Fidelity Bancorporation Series B Convertible Preferred Stock will pay a dividend of $.5375 per share on Oct. 1, 1993, to shareholders of record at the close of business on Sept. 7.
 First Fidelity Bancorporation Series D Adjustable Rate Cumulative Preferred Stock will pay a dividend of $1.5750 per share on Oct. 1, 1993, to shareholders of record at the close of business on Sept. 7.
 First Fidelity Bancorporation Series F 10.64 percent Preferred Stock will pay a dividend of $.665 per depositary share on Oct. 1, 1993, to shareholders of record at the close of business on Sept. 7.
 One of the 25 largest banking companies in the United States, First Fidelity operates more than 600 branches through its principal affiliates, Union Trust Company, of Stamford, Connecticut; and the First Fidelity Banks of New Jersey, New York and Pennsylvania.
 /delval/
 -0- 8/27/93
 /CONTACT: Paul J. Levine (media), 201-565-2949, or Laura A. Schaible (analyst), 201-565-3397, both of First Fidelity Bancorporation/
 (FFB)


CO: First Fidelity Bancorporation ST: New Jersey IN: FIN SU: DIV

MK -- PH010 -- 6601 08/27/93 12:04 EDT
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Publication:PR Newswire
Date:Aug 27, 1993
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