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LSB INDUSTRIES, INC. ANNOUNCES THE FILING OF REGISTRATION STATEMENT

 OKLAHOMA CITY, April 26 /PRNewswire/ -- LSB Industries, Inc. (AMEX: LSB) announced today that it has filed with the Securities and Exchange Commission a registration statement for a proposed public offering of $40,000,000 of a new issue of convertible exchangeable preferred stock. Lazard Freres & Co. is the underwriter.
 Jack E. Golsen, board chairman, stated that the company intends to use the net proceeds to repay certain indebtedness and for other general corporate purposes, including selective acquisitions.
 LSB is a diversified company engaged in a variety of manufacturing, engineering, marketing and financial service activities on a worldwide basis. LSB's principal business activities consist of the manufacture and sale of chemical products for the explosives, agricultural and industrial markets, commercial and residential air conditioning products, automotive and industrial products and the financial services business. LSB's common stock and debentures are listed for trading on the American Stock Exchange.
 The registration statement relating to these securities, as filed with the Securities and Exchange Commission, has not yet become effective. These securities may not be sold nor offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Copies of the written prospectus, when available, may be obtained from Lazard Freres & Co.
 -0- 4/26/93
 /CONTACT: Tony M. Shelby, chief financial officer of LSB Industries, Inc., 405-235-4546/
 (LSB)


CO: LSB Industries, Inc. ST: Oklahoma IN: CHM SU:

WB -- NY061 -- 0637 04/26/93 11:27 EDT
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Publication:PR Newswire
Date:Apr 26, 1993
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