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Times Mirror Board of Directors Declares Quarterly Dividend.

LOS ANGELES, CALIFORNIA--(BUSINESS WIRE)--March 7, 1996--The Board of Directors of The Times Mirror Company today declared a quarterly dividend of 6 cents per share on both Series A Common Stock and Series C Common Stock. The dividend is payable on June 10, 1996 to shareholders of record on May 31, 1996.

The Board also declared a quarterly dividend of $.3435 per share on the Series B Preferred Stock (PERCS), payable on June 15, 1996 to shareholders of record on May 31, 1996. The Series B Preferred Stock is publicly traded and listed on the New York Stock Exchange. For the Series A Preferred Stock, the Board declared a regular quarterly dividend.

Times Mirror (TMC--New York and Pacific stock exchanges), a Los Angeles-based information company, publishes the Los Angeles Times, Newsday and other newspapers; a wide array of books, information and educational products for professional markets; and national and trade magazines.

CONTACT: Press Information: Investor Information:

Martha H. Goldstein Jean Jarvis

213/237-3727 213/237-3755
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 7, 1996
Words:166
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