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FOXMEYER ANNOUNCES MANAGEMENT CHANGES

 DALLAS, May 21 /PRNewswire/ -- FoxMeyer Corporation (NYSE: FOX) announced today that its board of directors, during a meeting Thursday, May 20, 1993, elected Thomas L. Anderson as president of the company. Anderson, 44, has been with FoxMeyer since January 1989 and most recently served as executive vice president and chief operating officer of the company.
 The company also announced that Abbey J. Butler and Melvyn J. Estrin, co-chairmen of the board, have assumed the additional positions of co-chief executive officers of the company.
 They succeed Robert L. King, who will be pursuing other business interests. Butler and Estrin stated, "Bob King has made many important contributions to FoxMeyer during his leadership. We commend Bob highly for the job he has done building FoxMeyer to its present position in the industry and wish him well in his future endeavors."
 King said, "I am leaving FoxMeyer to pursue other business opportunities, and I wish the company nothing but the best. I am fully confident that, with its strong management team, FoxMeyer is in good hands."
 King will no longer serve as president of National Intergroup, Inc. (NYSE: NII), which owns 80.5 percent of FoxMeyer.
 FoxMeyer is the third largest pharmaceutical distributor in the United States, reporting sales of $4.5 billion for the year ended March 31, 1993. It distributes prescription and over-the-counter drugs, general merchandise, and health and beauty aids to customers in 46 states. The company serves chain and independent drug stores, mass merchandisers, food/drug combination stores, and hospitals and alternative health care facilities.
 -0- 5/21/93
 /CONTACT: J. Warren Henry of FoxMeyer Corporation, 214-446-4270/
 (FOX)


CO: FoxMeyer Corporation ST: Texas IN: MTC SU: PER

WB -- NY023 -- 1141 05/21/93 10:32 EDT
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Publication:PR Newswire
Date:May 21, 1993
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