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TOSCO ANNOUNCES REGISTRATION STATEMENT FILING FOR 2.6 MILLION COMMON STOCK SHARES

 STAMFORD, Conn., Nov. 4 /PRNewswire/ -- Tosco Corporation (NYSE: TOS) today announced it has filed a registration statement for a 2.6 million common share offering by the company.
 The common stock offering will be underwritten by a group led by Morgan Stanley & Co. Incorporated, Lehman Brothers, and Smith Barney Shearson Inc. Following the sale, the corporation will have approximately 31.9 million common shares outstanding. A prospectus may be obtained from Morgan Stanley & Co. at 1251 Avenue of the Americas, New York, N.Y. 10020, or any of the other underwriters.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 Tosco Corporation is an independent refiner that processes and markets over 400,000 barrels per day of petroleum products, with operations on both the East and West Coasts of the United States.
 -0- 11/4/93
 /CONTACT: Jefferson F. Allen or Daniel P. Mulderry of Tosco, 203-977-1000/
 (TOS)


CO: Tosco Corporation ST: Connecticut IN: OIL SU: OFR

TW -- NY065 -- 0706 11/04/93 12:02 EST
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Publication:PR Newswire
Date:Nov 4, 1993
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