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GENERAL SIGNAL DECLARES 100 PERCENT X STOCK DISTRIBUTION AND REGULAR DIVIDEND

 STAMFORD, Conn., June 17 /PRNewswire/ -- General Signal Corporation (NYSE: GSX) today announced that its directors have voted a two-for-one split of the company common stock to be effected in the form of a 100 percent stock distribution.
 Shareowners of record on July 7, 1993 will receive one additional share of common stock for each share they own on that date.
 It is the company's belief that splitting the stock will bring it to a more attractive level for individual investors, enhance its market liquidity, and potentially create a wider shareholder base.
 The board of directors today also declared a regular quarterly dividend of 22.5 cents on the company's common stock payable to stockholders of record July 7, 1993. This rate of payment is equivalent to the former quarterly rate of 45 cents per share before giving effect to the 100 percent stock distribution.
 The stock distribution and quarterly dividend will be payable July 16, 1993.
 General Signal Corporation, with 1992 sales of $1.6 billion, is a leading manufacturer of equipment and instruments for the process control, electrical, and industrial technology industries.
 -0- 6/17/93
 /CONTACT: Nino J. Fernandez of General Signal, 203-329-4320/
 (GSX)


CO: General Signal Corporation ST: Connecticut IN: SU: DIV

WB -- NY077 -- 3207 06/17/93 15:04 EDT
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Publication:PR Newswire
Date:Jun 17, 1993
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