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OAK INDUSTRIES RESPONSE TO MARKET ACTIVITY

 WALTHAM, Mass., Sept. 20 /PRNewswire/ -- In response to inquiries from the New York Stock Exchange in connection with today's unusual activity in the market for its stock, Oak Industries Inc. (NYSE: OAK) today announced that, except with respect to requests for registration of up to three million shares of common stock by INVESCO PLC and Second Consolidated Trust Plc., as was reflected in filings with the SEC on July 29, Aug. 2 and Aug. 5, 1993, the company is unaware of any corporate developments which could explain such unusual activity. The company expects third quarter results to be in line with the first and second quarters of 1993, representing significant improvement over the third quarter of 1992.
 -0- 9/20/93
 /CONTACT: William C. Weaver, chief financial officer of Oak Industries, 617-890-0400; Jean M. Devine, account executive of Sharon Merrill Associates, 617-262-1800, for Oak Industries/
 (OAK)


CO: Oak Industries Inc. ST: Massachusetts IN: CPR SU:

DJ-CM -- NE032 -- 3754 09/20/93 14:42 EDT
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Publication:PR Newswire
Date:Sep 20, 1993
Words:164
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