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UNION TEXAS PETROLEUM DECLARES COMMON STOCK DIVIDEND

 HOUSTON, June 29 /PRNewswire/ -- Union Texas Petroleum Holdings, Inc. (NYSE: UTH) has announced that a regular quarterly dividend of five cents per share has been declared on the company's outstanding common stock. The dividend is payable on Aug. 16, 1993, to stockholders of record at the close of business on July 30, 1993.
 One of the largest independent producers located in the U.S., Houston-based Union Texas Petroleum Holdings, Inc. explores for and produces oil and gas overseas primarily in the U.K. North Sea, Indonesia and other strategic international areas. The company also has petrochemicals interests in the U.S.
 Company: Union Texas Petroleum Holdings, Inc.
 Record Date: July 30, 1993
 Payment Date: Aug. 16, 1993
 Amount: $0.05 per common share
 -0- 6/29/93
 /CONTACT: Carol L. Cox of Union Texas Petroleum Holdings, Inc., 713-968-2714/
 (UTH)


CO: Union Texas Petroleum Holdings, Inc. ST: Texas IN: OIL SU: DIV

SM -- NY081 -- 6848 06/29/93 16:05 EDT
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Publication:PR Newswire
Date:Jun 29, 1993
Words:160
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