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K-III DECLARES DIVIDEND

 NEW YORK, Jan. 11 /PRNewswire/ -- K-III Communications Corporation has declared a dividend of $0.71875 per share on its senior exchangeable preferred stock payable on Feb. 1, 1994, to shareholders of record on Jan. 20, 1994. This dividend is for the period of Nov. 1, 1993, to Jan. 31, 1994.
 K-III Communications Corporation is a leading publishing, communications and media company. It was founded by William F. Reilly, Beverly C. Chell and Charles G. McCurdy in 1989 in partnership with Kohlberg Kravis Roberts & Co.
 -0- 1/11/94
 /CONTACT: Gregory William Miller of Robinson Lake/Sawyer Miller Group, 212-484-7404/


CO: K-III Communications Corporation ST: New York IN: PUB SU: DIV

CK -- NY086 -- 1183 01/11/94 18:03 EST
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Publication:PR Newswire
Date:Jan 11, 1994
Words:119
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