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UNITED MEDICAL SHAREHOLDERS APPROVE GOING PRIVATE TRANSACTION

 HADDONFIELD, N.J., May 13 /PRNewswire/ -- United Medical Corporation (AMEX: UM) announced that its shareholders, at a Special Meeting held today, have approved the previously announced merger transaction in which all of its outstanding common stock, other than shares owned by its principal shareholders, will be converted into the right to receive $9.50 per share, payable in cash.
 John Aglialoro, chairman and chief executive officer of United Medical, stated: "We wish to thank our shareholders not only for approving this transaction, but also the support they have shown to our company over the years."
 The transaction is expected to be consummated by the close of business on May 13, 1993, and United Medical will send to all shareholders instructions for the procedure to be followed to receive payment for their shares.
 /delval/
 -0- 5/13/93
 /CONTACT: Deborah McKeever of United Medical, 609-354-2200/


CO: United Medical Corporation ST: New Jersey IN: HEA SU:

MP-LJ -- PH011 -- 8000 05/13/93 10:08 EDT
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Publication:PR Newswire
Date:May 13, 1993
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