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INTERPROVINCIAL DECLARES QUARTERLY DIVIDEND TO SHAREHOLDERS

 EDMONTON, Alberta, Jan. 29 /PRNewswire/ -- The board of directors of Interprovincial Pipe Line System Inc. (NASDAQ-NMS: IPPIF; Toronto, Montreal: IPL) today declared a quarterly dividend of $0.50 per share, payable March 1, 1993 to shareholders of record Feb. 12, 1993.
 Interprovincial Pipe Line System Inc. is the recently formed parent corporation of Interprovincial Pipe Line Inc., created to streamline regulatory processes and provide a more focused management structure.
 Interprovincial is a widely held, publicly owned corporation with shares traded on the Toronto and Montreal stock exchanges in Canada under the symbol "IPL," and in the United States on the NASDAQ-NMS under "IPPIF." Installment receipts evidencing common shares of the corporation trade on the Toronto and Montreal stock exchanges under the symbol "IPL.R."
 -0- 1/29/93
 /CONTACT: D.P. Truswell, VP-finance, 403-420-5303, or L.F. Bradley, director of public affairs, 403-420-8166, both of Interprovincial Pipe Line Systems/
 (IPL. IPPIF)


CO: Interprovincial Pipe Line Inc. ST: Alberta IN: OIL SU: DIV

MS-JL -- LA024 -- 0812 01/29/93 13:52 EST
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Publication:PR Newswire
Date:Jan 29, 1993
Words:171
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