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TRIMAS ANNOUNCES 100-PERCENT STOCK DISTRIBUTION

 ANN ARBOR, Mich., June 8 /PRNewswire/ -- Trimas Corporation (NYSE: TMS) today announced that, in consideration of the continuing favorable long-term outlook for the company and to further broaden the market for the company's shares, its board of directors has adopted a resolution for a stock split, effected in the form of a 100-percent stock distribution (one additional share for every share held) to stockholders of record as of the close of business on June 18, 1993, to be issued on July 6, 1993.
 The company also announced that it is the present intent of the board of directors to increase the dividend after the 100-percent stock distribution to $0.03 per share quarterly. This would be the equivalent of $0.06 per share on the present stock, which would be a 20-percent increase over the current rate of $0.05 per share quarterly.
 TriMas Corporation is a diversified proprietary products company with leadership product positions in commercial, industrial and consumer niche markets.
 -0- 6/8/93
 /CONTACT: Brian P. Campbell, president of TriMas Corporation, 313-747-7025/
 (TMS)


CO: TriMas Corporation ST: Michigan IN: SU:

DD -- DE001 -- 6346 06/08/93 07:35 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
Words:192
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