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UNITED AMERICAN HEALTHCARE CORPORATION ANNOUNCES A 5-FOR-4 STOCK SPLIT

 DETROIT, Feb. 19 /PRNewswire/ -- United American Healthcare Corporation (NYSE: UAH) today announced that its Board of Directors has declared a 5-for-4 split in the company's common stock. The split will be effective for holders on the record date, March 4, 1993.
 The additional shares will be distributed to shareholders on March 25, 1993. A cash payment will be made for fractional shares. Brokers, nominees and custodians would have from March 4, 1993, through March 18, 1993, to notify the disbursement agent, NBD Bank, N.A., Boston, of their requirements for full and fractional shares for each of their customers.
 Julius V. Combs, M.D., chairman, said, "This action is being taken because of the success and anticipated future performance of the company and to improve the marketability of its shares."
 The company currently has 5,060,393 common shares outstanding. United American common stock listed on the New York Stock Exchange Jan. 14, 1993.
 United American Healthcare Corporation is a health care management company. UAH provides a full range of services to two health maintenance organizations -- OmniCare Health Plan in southeast Michigan and Personal Physician Care of Ohio, based in Cleveland. The company's strategy is to expand its expertise into avenues such as Third Party Administrator services as it has done with Bing Steel Inc. and Superb Manufacturing, Inc.
 -0- 2/19/93
 /CONTACT: Dr. Julius V. Combs, chairman, United American Healthcare Corporation, 313-873-2852; or Woody Wallace, 708-564-5610, Mark Perlgut, 212-580-4141, or Earle Brown, 813-796-1452, all of The Investor Relations Company, for United American Healthcare Corporation/
 (UAH)


CO: United American Healthcare Corporation ST: Michigan IN: HEA SU:

JG -- DE016 -- 8464 02/19/93 14:44 EST
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Publication:PR Newswire
Date:Feb 19, 1993
Words:276
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