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MUELLER INDUSTRIES FILES PUBLIC OFFERING OF 3,250,000 SHARES OF COMMON STOCK

 WICHITA, Kan., July 7 /PRNewswire/ -- Mueller Industries Inc. (NYSE: MLI) today filed with the Securities and Exchange Commission a registration statement relating to a proposed public offering of 3,250,000 shares of common stock. All of the shares are being offered by a selling stockholder, Quantum Fund N.V., managed by Soros Fund Management. The underwriters have been granted a 30 day option to purchase up to an additional 487,500 shares from Quantum Fund N.V. for the purposes of covering over-allotments, if any. After the sale, Quantum Fund N.V. will continue to own approximately 1,450,000 shares, or 15 percent of Mueller's common stock (or approximately 960,000 shares, or 10 percent, if the underwriters' over-allotment option is exercised). Donaldson, Lufkin & Jenrette Securities Corp., Bear, Stearns & Co. Inc. and Merrill Lynch, Pierce, Fenner & Smith Inc. will manage the offering.
 Mueller Industries is a leading and diversified fabricator whose products include copper tube and fittings; aluminum and copper impact extrusions; plastic fittings and valves; brass and bronze forgings; refrigeration valves, driers and flare fittings; and brass and copper alloy rods, bars and shapes. The company also owns a short-line railroad in Utah and various natural resource properties.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 7/7/93
 /CONTACT: Kent A. McKee of Mueller Industries, 316-636-6300/
 (MLI)


CO: Mueller Industries Inc.; Quantum Fund N.V.; Soros Fund Management ST: Kansas IN: SU: OFR

EH-MC -- DV001 -- 8947 07/07/93 09:10 EDT
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Date:Jul 7, 1993
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