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MADERAS Y SINTETICOS S.A. - MASISA -ANNOUNCES CHANGES IN BOARD OF DIRECTORS

 SANTIAGO, Chile, Sept. 29 /PRNewswire/ -- Maderas y Sinteticos S.A. - MASISA (NYSE: MYS), today announced that in a session held on Sept. 24, 1993, Mr. Marco A. Cariola, chairman of the board resigned.
 The reason for his resignation is due to his multiple activities, especially those related to the law firm, CARIOLA Y CIA. LTDA.
 Mr. Juan Obach G., vice-chairman, was unanimously elected by the board as the new chairman, and Mr. Cariola was asked to stay on as vice- chairman, which he accepted.
 -0- 9/29/93
 /CONTACT: Rony Obach, chief financial officer of Maderas y Sinteticos S.A. - MASISA, 011-562-883-7202, or Felicia Vonella of Dewe Rogerson Inc., 212-688-6840/
 (MYS)


CO: Maderas y Sinteticos S.A. - MASISA ST: IN: PAP SU: PER

WB-LD -- NY073 -- 6966 09/29/93 16:31 EDT
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Publication:PR Newswire
Date:Sep 29, 1993
Words:132
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