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MCDERMOTT INTERNATIONAL DECLARES QUARTERLY DIVIDEND

 NEW ORLEANS, Feb. 11 /PRNewswire/ -- Robert E. Howson, Chairman of the Board and Chief Executive Officer of McDermott International, Inc. (NYSE: MDR), said today the Board of Directors declared a quarterly dividend of $0.25 a share on the Common Stock of the Company, payable April 1, 1993 to stockholders of record on March 15, 1993.
 In a separate action, the Board of Directors of McDermott Incorporated, a subsidiary of McDermott International, Inc., declared a quarterly dividend of $0.55 a share on the Series A $2.20 Cumulative Convertible Preferred Stock and $0.65 a share on the Series B $2.60 Cumulative Preferred Stock, both payable April 1, 1993, to stockholders of record on March 15, 1993.
 McDermott International, Inc. is a leading worldwide energy services company. The company and its subsidiaries manufacture steam-generating equipment, environmental equipment, and government and aerospace products. They also provide engineering and construction services for industrial and utility facilities onshore, and to the oil and gas industry offshore.
 -0- 2/11/93
 /CONTACT: Don Washington of McDermott International, 504-587-4080/
 (MDR)


CO: McDermott International, Inc. ST: Louisiana IN: OIL SU: DIV

BR-CF -- AT008 -- 5722 02/11/93 12:50 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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