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MARION MERRELL DOW'S CHARGE TO REDUCE DOW'S EARNINGS BY ABOUT 30 CENTS PER SHARE

 MIDLAND, Mich., July 14 /PRNewswire/ -- The Dow Chemical Company (NYSE: DOW) today announced that its second quarter of 1993 earnings will be lower than expected due to Marion Merrell Dow (NYSE: MKC) taking a special charge against earnings. Marion Merrell Dow, a Dow subsidiary (about 71 percent interest), has disclosed that its second-quarter earnings will be impacted by a pretax charge of $180 million. The result will be a reduction in Dow's earnings of about 30 cents per share.
 -0- 7/14/93
 /CONTACT: Douglas G. Draper of The Dow Chemical Company, 517-636-2876/
 (DOW MKC)


CO: The Dow Chemical Company ST: Michigan IN: CHM SU: ERP

ML-SM -- DE004 -- 1235 07/14/93 09:09 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
Words:115
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