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FIRST UNION CORPORATION NEWS RELEASE

 FIRST UNION CORPORATION NEWS RELEASE
 CHARLOTTE, N.C., June 11 /PRNewswire/ -- First Union Corporation


(NYSE: FTU FTUpr) today announced that, contrary to recent speculation, it has not made an offer to acquire MNC Financial Corp. (NYSE: MNC) and is not engaged in negotiations that might result in such an offer.
 -0- 6/11/92
 /CONTACT: Media Contact - Jeep Bryant, 704-374-2957 (work) or 704-335-0415 (home); Investor Contact - Barbara Massa, 704-374-2555 or Maggie Norris 704-374-4353, all of First Union Corporation/
 (FTU MNC) CO: First UNion Corporation; MNC Financial COrp. ST: North Carolina, Maryland IN: FIN SU:


DF -- CH001 -- 9072 06/11/92 07:59 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 11, 1992
Words:103
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