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THORN APPLE VALLEY ANNOUNCES QUARTERLY DIVIDEND

    SOUTHFIELD, Mich., Aug. 5 /PRNewswire/ -- The board of directors of Thorn Apple Valley, Inc. (NASDAQ: TAVI) today announced that on July 29, 1993, it declared a quarterly cash dividend on its Common Stock of $0.06 per share, payable on Aug. 27, 1993, to holders of record of Common Stock at the close of business on Aug. 16, 1993.
    The company recently reported earnings for the fiscal year ended May 28, 1993, of $13.9 million ($2.36 per share) as compared to $21.1 million ($3.75 per share) for the fiscal year ended May 29, 1992.
    Thorn Apple Valley is a major producer of premium consumer packaged meat and poultry products and a leading slaughterer of hogs, whose products are sold to wholesalers, supermarkets and food service operators.  The Common Stock of the company is traded on the National Association of Securities Dealers Automated Quotation System over-the- counter market under the symbol TAVI.
    -0-             08/05/93
    CONTACT:  Louis Glazier, executive vice president, Finance and Administration, Thorn Apple Valley, 313-552-0700
    (TAVI) CO:  THORN APPLE VALLEY, INC. IN:  FOD SU:  DIV ST:  MI


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Publication:PR Newswire
Date:Aug 5, 1993
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