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TESCORP DECLARES DIVIDEND ON PREFERRED STOCK

AUSTIN, Texas, March 8 /PRNewswire/ -- Tescorp, Inc. (Nasdaq: TESC) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.125 per share on its Series 1990 Convertible Preferred Stock (Nasdaq: TESCP). The cash dividend is payable on April 11, 1996, to shareholders of record as of March 22, 1996.
 -0- 3/8/96


/CONTACT: Neil R. Austrian, Jr., Vice President of Operations of Tescorp, 512-476-2995; or Thomas Ennis of Cameron Associates, 212-644-9560/

(TESC)

CO: Tescorp, Inc. ST: Texas IN: TLS SU: DIV

HD -- NYF023 -- 1569 03/08/96 11:48 EST
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Publication:PR Newswire
Date:Mar 8, 1996
Words:97
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