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UGI UTILITIES IS REDEEMING ITS $8.50 PREFERRED STOCK

 VALLEY FORGE, Pa., Oct. 5 /PRNewswire/ -- UGI Utilities, Inc., a wholly owned subsidiary of UGI Corp. (NYSE: UGI), reported today that it has called the remaining 180,000 shares of its $8.50 series preferred stock for optional redemption on Nov. 4.
 The optional redemption price is $104.25 a share, plus accrued dividends through today. Funds for the redemption are available to holders of the shares today through Mellon Bank N.A., the paying agent.
 UGI Utilities is a natural gas distribution and electric utility operating in 15 eastern Pennsylvania counties.
 /delval/
 -0- 10/5/93
 /CONTACT: Vince Testa of UGI, 215-337-1000/
 (UGI)


CO: UGI Utilities, Inc.; UGI Corporation ST: Pennsylvania IN: UTI SU:

MK-MP -- PH007 -- 8784 10/05/93 10:26 EDT
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Publication:PR Newswire
Date:Oct 5, 1993
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