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TELMEX ANNOUNCES SHARE PURCHASE PROGRAM

 TELMEX ANNOUNCES SHARE PURCHASE PROGRAM
 MEXICO CITY, July 14 /PRNewswire/ -- Telefonos de Mexico, S.A. de


C.V. (Telmex) today announced that its board of directors has authorized the purchase, using a special-purpose trust, of up to US$300 million worth of Telmex shares on the Mexican Stock Exchange.
 The board delegated to the Telmex executive committee power to determine the timing and amounts of any purchases under the program. Under Mexican law, shares purchased pursuant to the program must generally be resold within one year.
 -0- 7/14/92
 /CONTACT: Teresa Currielche of Telmex (Mexico City), 52-5-703-3990/ CO: Telefonos de Mexico S.A. de C.V. ST: IN: TLS SU:


SM-CK -- NY025 -- 9009 07/14/92 10:14 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 14, 1992
Words:120
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