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RHONE-POULENC ANNOUNCES DIVIDEND SCHEDULE

 PRINCETON, N.J., July 23 /PRNewswire/ -- Rhone-Poulenc (NYSE: RP) announced the following payment schedule for its American Depositary Shares (ADSs):
 Ordinary Shares (NYSE: RP) --
 Represented by ADSs, one ADS equals one ordinary share
 U.S. Record Date: July 30, 1993
 Payment Date: Aug. 6, 1993
 Dividend declared per ADS ff 3
 Eligible foreign tax refund ff 1.5
 ------
 Participating Shares Series A (PSSA) (NYSE: RP Pr A) --
 Represented by ADSs, one ADS equals one-quarter PSSA
 U.S. Record Date: Aug. 13, 1993
 Payment Date: Aug. 31, 1993
 Calculated annual payment per ADS ff 6.375
 ------
 Preferred Investment Certificates (PIC) --
 Represented by ADSs, one ADS equals two PICs
 U.S. Record Date: July 30, 1993
 Payment Date: Aug. 20, 1993
 Dividend declared per ADS ff 8.5
 Eligible foreign tax refund ff 4.25
 Note: All dividends and annual payments will be paid in U.S. dollars at an exchange rate determined on or about the applicable record date and after deduction of applicable French withholding taxes.
 Rhone-Poulenc is a global company with activities in three major areas: Life-Sciences; Applied and Specialty Chemicals; and Organic and Inorganic Intermediates. With more than 83,000 employees, Rhone-Poulenc has operations in more than 140 countries. During 1992, North American sales represented almost 25 percent of the company's total sales.
 /delval/
 -0- 7/23/93
 /CONTACT: Arvind K. Sood, director, investor relations of Rhone- Poulenc, 908-821-3487/
 (RP)


CO: Rhone-Poulenc ST: New Jersey IN: CHM SU: DIV

LJ-CC -- PH022 -- 5285 07/23/93 16:15 EDT
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Publication:PR Newswire
Date:Jul 23, 1993
Words:250
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