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OEA DECLARES CASH DIVIDEND

 DENVER, Nov. 15 /PRNewswire/ -- Ahmed D. Kafadar, chairman and chief executive officer of OEA Inc. (NYSE: OEA) the Denver-based, high- technology manufacturer of aerospace and automotive safety products, announced that at its Nov. 12, 1993, meeting, the board of directors declared a cash dividend of 15 cents a share, payable Dec. 13, 1993, to shareholders of record at the close of business Dec. 6, 1993.
 OEA is a leader in the field of propellant and explosive-actuated devices used in (1) the personnel escape systems of military aircraft, missiles, and for space application, and (2) the automotive air bag.
 -0- 11/15/93
 /CONTACT: A.D. Kafadar or C.B. Kafadar or J.E. Banko, all of OEA, 303-693-1248/
 (OEA)


CO: OEA Inc. ST: Colorado IN: ARO AUT SU: DIV

MC -- DV001 -- 4300 11/15/93 10:05 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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