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NWNL COMPANIES DECLARES PREFERRED STOCK DIVIDEND

 MINNEAPOLIS, Aug. 12 /PRNewswire/ -- The NWNL Companies (NYSE: NWN) today declared a dividend on its 10 percent senior cumulative preferred stock.
 The dividend of 62-1/2 cents per depositary share will be distributed Sept. 30, 1993 to holders of depositary shares at the close of business on Sept. 15. Each depositary share represents one-quarter share of the preferred stock.
 Dividends on these preferred shares are equivalent to $2.50 per depositary share per year.
 The NWNL Companies is a Minneapolis-based holding company specializing in the life and health insurance and annuity businesses.
 -0- 8/12/93
 /CONTACT: Jan Pedersen of The NWNL Companies, 612-372-5623/
 (NWN)


CO: The NWNL Companies ST: Minnesota IN: INS SU: DIV

TJ -- MN015 -- 2333 08/12/93 17:52 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
Words:124
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