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TIME WARNER INC. DECLARES DIVIDENDS

 NEW YORK, Nov. 19 ~PRNewswire~ -- The board of directors of Time Warner Inc. (NYSE: TWX) today declared the following dividends for three classes of Time Warner securities:
 -- A regular quarterly cash dividend of $.07 per common share payable on Dec. 14, 1992, to shareholders of record on Dec. 2, 1992.
 -- A regular quarterly dividend of $1.09375 per share of Series C 8-3~4 percent convertible exchangeable preferred stock payable on Jan. 4, 1993, to shareholders of record on Dec. 15, 1992.
 -- A regular quarterly dividend of .0275 of a share of Series D 11 percent convertible exchangeable preferred stock per share of Series D preferred payable on Jan. 4, 1993, to shareholders of record Dec. 15, 1992.
 Time Warner Inc. is the world's leading media and entertainment company, with interests in magazine and book publishing, recorded music and music publishing, filmed entertainment, cable television and cable television programming.
 -0- 11~19~92
 ~CONTACT: Edward Adler of Time Warner, 212-484-6630~
 (TWX)


CO: Time Warner Inc. ST: New York IN: ENT SU: DIV

GK -- NY047 -- 2822 11~19~92 11:12 EST
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Publication:PR Newswire
Date:Nov 19, 1992
Words:181
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