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ROLLINS ENVIRONMENTAL SERVICES, INC. SUSPENDS CASH DIVIDEND

 WILMINGTON, Del., Oct. 29 /PRNewswire/ -- Rollins Environmental Services, Inc. (NYSE: REN; PSE) board of directors today suspended a regular quarterly cash dividend on common stock normally payable on Dec. 20, 1993.
 In view of continued softness in the commercial hazardous waste treatment market, the directors stated it would be prudent and in the best interests of the shareholders to retain these funds within the company for use in the company's capital improvement program which is aimed at increasing productivity and profitability. The board of directors will periodically review the resumption of future dividend payments.
 The company is a technological leader for commercial incineration in the chemical waste treatment and disposal industry and operates facilities in Baton Rouge and Plaquemine, La.; Bridgeport, N.J., and Deer Park, Texas. Chempak treatment and disposal services for small- quantity generators of hazardous waste are provided through offices located in California, Colorado, Connecticut, Delaware, Florida, Illinois, Louisiana, Michigan, Missouri, New Mexico, North Carolina, Oregon, Pennsylvania, Texas, Virginia and Washington. The company also operates waste processing, recycling and repackaging facilities in Tipton, Mo., and Los Angeles, and a major laboratory facility in Ann Arbor, Mich.
 /delval/
 -0- 10/29/93
 /CONTACT: Jack Hornberger, group vp-External Affairs, 302-426-2949, or Lee F. Rattigan, group vp-Finance, 302-426-3314, of Rollins Environmental Services/
 (REN)


CO: Rollins Environmental Services, Inc. ST: Delaware IN: ENV SU: DIV

MP-MK -- PH002 -- 8377 10/29/93 09:27 EDT
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Publication:PR Newswire
Date:Oct 29, 1993
Words:233
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