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MICHCON ANNOUNCES PREFERRED STOCK REDEMPTION

 MICHCON ANNOUNCES PREFERRED STOCK REDEMPTION
 DETROIT, Dec. 5 /PRNewswire/ -- The board of directors of Michigan


Consolidated Gas Company (MichCon) today announced plans to redeem 120,000 shares of its Redeemable Cumulative Preferred Stock, $2.05 Series, on Jan. 31, 1992, for sinking fund purposes, pursuant to MichCon's Articles of Incorporation.
 The shares to be redeemed shall be selected on a random lot basis as of Dec. 16, 1991, the record date for the redemption. The redemption price will be $25 per share plus an amount equal to preferential dividends at the rate of $2.05 per share per annum accrued and unpaid to the redemption date, amounting to $0.5125 per share, for a total redemption price of $25.5125 per share. Notices of the redemption can be found from time to time during the month of December in the New York Times.
 Notice of the redemption will be mailed by Dec. 31, 1991, to the holders of shares to be redeemed. The redemption is being handled for MichCon by NBD Bank, N.A., Securities Transfer Services, 2 Heritage Drive, Fifth Floor, Quincy, MA 02171.
 MichCon, a wholly owned subsidiary of MCN Corporation (NYSE: MCN), is a natural gas distribution, storage and transmission company serving more than 1 million customers in 465 communities throughout Michigan.
 -0- 12/5/91
 /CONTACT: Karen Fontanive of MichCon, 313-256-5093/
 (MCN) CO: Michigan Consolidated Gas Company; MCN Corporation ST: Michigan IN: UTI SU:


SB -- DE012 -- 9630 12/05/91 11:32 EST
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Date:Dec 5, 1991
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