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THE ALLSTATE CORPORATION DECLARES THIRD QUARTER DIVIDEND

 NORTHBROOK, Ill., Nov. 9 /PRNewswire/ -- The board of directors of The Allstate Corporation (NYSE: ALL) today declared the regular quarterly dividend of 18 cents per share on the common stock of the company.
 The dividend is payable Dec. 29, 1993, to shareholders of record at the close of business on Dec. 8, 1993.
 The Allstate Corporation is the parent of Allstate Insurance Company, the nation's largest publicly held property and casualty insurance company, with more than 20 million customers and approximately 14,500 full-time agents in the U.S. and Canada. Established in 1931 by Sears, Roebuck & Co., Allstate is also a major life insurer. In June 1993, Allstate had the largest initial public offering of stock in U.S. history.
 -0- 11/9/93
 /CONTACT: Kathleen Hogan of The Allstate Corporation, 708-402-5600/
 (ALL)


CO: The Allstate Corporation ST: Illinois IN: INS SU: DIV

TM -- NY119 -- 2441 11/09/93 16:42 EST
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Publication:PR Newswire
Date:Nov 9, 1993
Words:153
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