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MERCURY AIR GROUP DECLARES DIVIDEND ON SERIES A 8 PERCENT CUMULATIVE CONVERTIBLE REDEEMABLE PREFERRED STOCK

 LOS ANGELES, Jan. 20 /PRNewswire/ -- Mercury Air Group, Inc. (AMEX: MAX) announced today that its board of directors has declared a semi-annual dividend of $.40 per share on its Series A 8 Percent Cumulative Convertible Redeemable Preferred Stock. The dividend will be paid in cash on March 1, 1993 to holders of record on Feb. 1, 1993.
 Mercury Air Group, Inc. provides air cargo space brokerage and palletization handling, markets aviation jet fuel service and offers ground support services to commercial airlines, general aviation aircraft and the U.S. military. Based at Los Angeles International Airport (LAX), Mercury also operates air centers in five locations in California and Nevada.
 -0- 1/20/93
 /CONTACT: Randy Ajer, CFO of Mercury Air Group, 310-646-2994/
 (MAX)


CO: Mercury Air Group Inc. ST: California IN: AIR SU: DIV

EH-LS -- LA001 -- 7046 01/20/93 16:04 EST
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Publication:PR Newswire
Date:Jan 20, 1993
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