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NSC CORPORATION TO EXPLORE DIVIDEND POLICY

 BOSTON, Aug. 6 /PRNewswire/ -- NSC Corporation (NASDAQ: NSCC) today announced that its board of directors will begin to explore the feasibility of establishing a dividend policy. In addition to determining the feasibility of such a policy, the review will include an analysis of possible alternative dividend structures. Structures to be considered include the payment of recurring dividends or an initial lump sum dividend accompanied by the recapitalization of the company or some combination of the two.
 The board expects its review to be completed within 60-90 days.
 NSC Corporation is an environmental services company, providing asbestos abatement and other services to a broad range of commercial and industrial clients and government agencies throughout the United States. OHM Corporation and Rust International, Inc. each own a 41 percent equity interest in NSC Corporation.
 -0- 8/6/93
 /CONTACT: Gene J. Ostrow, executive vice president and chief financial officer, NSC Corporation, 508-686-6417/
 (NSCC)


CO: NSC Corporation ST: Massachusetts IN: ENV SU: DIV

CM-DJ -- NE003 -- 0194 08/06/93 09:04 EDT
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Publication:PR Newswire
Date:Aug 6, 1993
Words:169
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