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MUELLER INDUSTRIES INC. COMMENCES PUBLIC OFFERING OF 3,250,000 SHARES OF COMMON STOCK

 WICHITA, Kan., Aug. 4 /PRNewswire/ -- Mueller Industries Inc. (NYSE: MLI) today announced the commencement of a public offering of 3,250,000 shares of common stock at $28.50 per share. All of the shares are being offered by a selling stockholder, Quantum Fund N.V., managed by Soros Fund Management.
 Of the total offering, 2,600,000 shares of common stock are being offered in the United States by a group of United States underwriters managed by Donaldson, Lufkin & Jenrette Securities Corp., Bear, Stearns & Co. Inc., and Merrill Lynch, Pierce, Fenner & Smith Inc., and 650,000 shares of common stock are being offered outside the United States in a concurrent offering by a group of international underwriters managed by Donaldson, Lufkin & Jenrette Securities Corp., Bear, Stearns International Ltd., and Merrill Lynch International Ltd. The United States 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 United States underwriters' over-allotment option is exercised).
 Mueller Industries Inc. 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.
 -0- 8/4/93
 /CONTACT: Kent A. McKee of Mueller Industries, 316-636-6300/
 (MLI)


CO: Mueller Industries Inc. ST: Kansas IN: MNG SU: OFR

BP-LS -- LA009 -- 9187 08/04/93 08:14 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
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