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UNITED HEALTHCARE FILES FOR COMMON STOCK OFFERING

 UNITED HEALTHCARE FILES FOR COMMON STOCK OFFERING
 MINNEAPOLIS, Jan. 23 /PRNewswire/ -- United HealthCare Corporation


(NYSE: UNH) has filed a registration statement with the Securities and Exchange Commission for the public sale of 2,500,000 new shares of its common stock. All of the shares are being sold by the company. Of the 2,500,000 shares being offered, 2,000,000 shares will be offered for sale in the United States and 500,000 shares will be offered internationally.. The company has granted the United States and international underwriters an option to purchase an additional 375,000 shares to cover over-allotments.
 Goldman, Sachs & Co. and its international affiliate will be the lead manager with Alex. Brown & Sons Incorporated and Piper, Jaffray & Hopwood Incorporated and their international affiliates acting as co- managers for the United States and international offerings.
 UHC president and chief executive officer William W. McGuire said that the net proceeds to the company from the offering will be used for additional working capital and other general purposes, including internal development and possible future acquisitions.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
 This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 United HealthCare Corporation is the nation's leader in health care management, serving both the providers and purchasers of health care since 1974. The company's services include HMOs, PPOs, multiple option and point of service plans, pharmaceutical cost management, managed mental health and substance abuse services, utilization management, workers compensation/casualty services, specialized provider networks, employee assistance services, Medicare and managed care programs for the aged, health care evaluation services, information systems and administrative services.
 -0- 01/23/92
 /CONTACT: David P. Koppe, 612-939-7760, or Noreen Conway, 612-936-1125, both of United HealthCare/
 (UNH) CO: United HealthCare Corp. ST: Minnesota IN: INS SU: OFR


KH -- MN016 -- 2988 01/23/92 16:21 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 23, 1992
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