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NESTLE S.A., CHAM AND VEVEY ANNOUNCES PAYMENT OF DIVIDEND

 NESTLE S.A., CHAM AND VEVEY ANNOUNCES PAYMENT OF DIVIDEND
 VEVEY, Switzerland, May 26 /PRNewswire/ -- Nestle S.A. today released the following dividend announcement:
 Notice is hereby given to shareholders and holders of participation certificates that following a resolution passed at the general meeting of shareholders held on May 21, 1992, a dividend for the year 1991 will be paid to them as from May 25, 1992, as follows:
 Per share Per participation certificate
 Gross CHF 215 CHF 43
 Less Swiss federal withholding
 tax of 35 percent CHF 75.25 CHF 15.05
 Net CHF139.75 CHF 27.95
 This dividend is payable against delivery of coupon No. 11 for all bearer shares and participation certificates.
 On the other hand, all dividends payable on registered share certificates without coupons will be paid by bank transfer to the shareholder's account or by way of an assignment in accordance with the instructions received from the shareholder.
 The dividends are payable in Swiss francs, free of charge for the beneficiary. Outside Switzerland, paying agents will pay against coupons and assignments in local currency at the rate of exchange prevailing on the day of presentation; bank transfers will be effective value May 25, 1992, in local currency at the rate of exchange prevailing on that date.
 Coupon No. 11 and the assignment may be presented as from May 25, 1992, to the following paying agents of the company.
 In Switzerland:
 -- Credit Suisse, Zurich, and its branch offices
 -- Swiss Bank Corporation, Basle and its branch offices
 -- Union Bank of Switzerland, Zurich, and its branch offices
 -- Swiss Volksbank, Bern, and its branch offices
 -- Bank Leu Ltd., Zurich, and its branch offices
 -- BSI, Banca della Svizzera Italiana, Lugano, and its branch
 offices
 -- Banque Cantonale Vaudoise, Lausanne, and its branch offices
 and agencies;
 -- Zurcher Kantonalbank, Zurich, and its branch offices
 -- Berner Kantonalbank, Bern, and its branch offices
 -- Zuger Kantonalbank, Zug, and its branch offices
 -- Banque de l'Etat de Fribourg, Fribourg, and its agencies
 -- Darier, Hentsch & Cie, Geneva
 -- Lombard, Odier & Cie, Geneva
 -- Pictet & Cie, Geneva
 -- Coutts et Cie S.A., Zurich, and its branch offices
 In England:
 -- Credit Suisse, London
 -- Swiss Bank Corporation, London
 -- Union bank of Switzerland, London
 In the United States of America:
 -- Morgan Guaranty Trust Company of New York, New York
 -- Credit Suisse, New York
 -- Union Bank of Switzerland, New York
 In France:
 -- Credit Commercial de France, Paris
 -- Banque Paribas, Paris
 In Germany:
 -- Dresdner Bank AG, Frankfurt/Main and Dusseldorf
 In the Netherlands:
 -- Pierson, Heldring & Pierson, Amsterdam
 In Austria:
 -- Girozentrale und Bank der osterreichischen, Sparkassen AG,
 Vienna
 In Japan:
 -- Normura Securities Co. Ltd., Tokyo
 -- Yamaichi Securities Co. Ltd., Tokyo
 In Belgium:
 -- Banque Bruxelles, Lambert, Brussels
 -0- 5/26/92
 /CONTACT: Fern Lazar of Dewe Rogerson, 212-688-6840, for Nestle S.A./ CO: Nestle S.A. ST: IN: FOD SU: DIV


CK-TS -- NY042 -- 3749 05/26/92 12:06 EDT
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Publication:PR Newswire
Date:May 26, 1992
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