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QUARTERLY CASH DIVIDEND DECLARED BY GRACE

 NEW YORK, July 1 /PRNewswire/ -- The board of directors of W. R. Grace & Co. (NYSE: GRA) today declared a quarterly cash dividend of 35 cents per share on its common stock. The dividend will be payable on Sept. 10, 1993 to shareholders of record on Aug. 5, 1993.
 This will be the 223rd consecutive regular dividend paid by the Grace organization.
 Grace is the world's largest specialty chemicals company and holds a leadership position in specialized health care.
 -0- 7/1/93
 /CONTACT: Chuck Suits of W. R. Grace, 407-362-2600 or 800-GRACE99/
 (GRA)


CO: W. R. Grace & Co. ST: Florida IN: CHM SU: DIV

AW -- FL009 -- 7654 07/01/93 11:06 EDT
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Publication:PR Newswire
Date:Jul 1, 1993
Words:113
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