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NEWPORT CORP. DECLARES CASH DIVIDEND

 IRVINE, Calif., May 18 /PRNewswire/ -- The board of directors of Newport Corp. (NASDAQ: NEWP), manufacturer of equipment for laser- related systems and research, has declared a cash dividend of 2 cents per share on the company's common stock.
 The cash dividend is payable on July 15, 1993, to stockholders of record on June 18, 1993. There are now 7,003,416 shares outstanding.
 Newport Corp. designs, manufactures and markets a comprehensive line of instruments, components and accessories for the laser and electro-optical market which includes industrial, government and laboratory customers.
 -0- 5/18/93
 /CONTACT: Robert C. Hewitt, senior VP-finance of Newport, 714-253-1405/
 (NEWP)


CO: Newport Corp. ST: California IN: MTC SU: DIV

JB-MS -- LA020 -- 9868 05/18/93 14:54 EDT
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Publication:PR Newswire
Date:May 18, 1993
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