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GREEN TREE FINANCIAL CORPORATION ANNOUNCES RETAIL FINANCING PROGRAM FOR US MARINE DEALERS

 ST. PAUL, Minn., Jan. 6 /PRNewswire/ -- Green Tree Financial Corporation (NYSE: GNT) and US Marine jointly announced a national retail finance program for all US Marine Bayliner, Maxum and Robalo boat dealers. US Marine is a subsidiary of the Brunswick Corporation (NYSE: BC), Lake Forest, Ill. Brunswick Corporation holds the largest market share for marine products in the United States. In 1992 its marine sales were $1.5 billion.
 "We're very enthusiastic about entering this $5 billion market for marine products," said Lawrence M. Coss, Green Tree's chairman, president and chief executive officer.
 This new venture will be part of Green Tree's growing Special Products Division, which provides retail financing for selected consumer products, including motorcycles, horse trailers, recreational products and musical instruments.
 Green Tree Financial Corporation, based in St. Paul, is a national diversified financial services corporation with a loan portfolio of approximately $7 billion. Green Tree's common stock is traded on the New York and Pacific Stock Exchanges under the symbol "GNT."
 -0- 01/06/94
 /CONTACT: John W. Brink, executive vice president, treasurer, and chief financial officer of Green Tree Financial, 612-293-3400/
 (GNT BC)


CO: Green Tree Financial Corporation; Brunswick Corporation; US Marine ST: Minnesota, Illinois IN: FIN SU: JVN

CP-AL -- MN009 -- 9814 01/06/94 13:55 EST
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Publication:PR Newswire
Date:Jan 6, 1994
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