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NERCO BOARD DECLARES REGULAR DIVIDEND

 NERCO BOARD DECLARES REGULAR DIVIDEND
 PORTLAND, Ore., Aug. 17 /PRNewswire/ -- NERCO Inc.'s


(NYSE: NER; Toronto) board of directors today declared a regular quarterly dividend of 16 cents per share, payable Oct. 30, to shareholders of record on Oct. 16.
 NERCO is a diversified natural resource company with interests in low-sulfur coal, oil and natural gas, and precious metals. Approximately 82 percent of NERCO's common stock is beneficially owned by PacifiCorp (NYSE: PPW).
 -0- 8/17/92
 /CONTACT: John C. Cummings, 503-731-6649, or Richard T. O'Brien, 503-731-6732, both of NERCO/
 (NER PPW) CO: NERCO Inc.; PacifiCorp ST: Oregon IN: OIL MNG SU: DIV


SC -- SE009 -- 0732 08/17/92 20:11 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Aug 17, 1992
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