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TOLEDO EDISON REDEEMS PREFERRED STOCK

 TOLEDO EDISON REDEEMS PREFERRED STOCK
 INDEPENDENCE, Ohio, March 4 /PRNewswire/ -- Toledo Edison today


announced a call for redemption of its 11 percent Cumulative Preferred Stock ($100 par value) on April 3, 1992, at $101.00 per share, plus $0.9778 per share of accrued and unpaid dividends from March 1, 1992 through April 2, 1992. No further dividends will accrue on the stock on or after April 3, 1992.
 Notices of the redemption and the procedure to be used for redeeming the shares are being mailed today to the holders of the stock.
 -0- 3/4/92
 /CONTACT: Lee Bailey of Cleveland Electric Illuminating Co., 216-447-3235 or 216-623-1060 after hours/ CO: Toledo Edison Company ST: Ohio IN: UTI SU:


KK -- CL007 -- 5019 03/04/92 14:17 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 4, 1992
Words:128
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