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UNIVAR ANNOUNCES DISCUSSIONS WITH FRENCH COMPANY

 KIRKLAND, Wash., Jan. 12 /PRNewswire/ -- Univar Corp. (NYSE: UVX; PSE), the multinational leader in distribution services, today announced that its subsidiary, Univar Europe N.V., has signed a letter of intent with the majority shareholders of Lambert Riviere S.A. concerning the purchase of their shares of Lambert Riviere.
 Lambert Riviere is a French chemical distribution company with activities in France, Italy, Spain and Portugal, and has consolidated net sales of approximately US$270 million.
 Lambert Riviere is listed on the Paris Stock Exchange. If the purchase negotiations with the majority shareholders are successfully completed, a tender offer for the remaining shares is expected to be made to all other shareholders under the same conditions.
 It is expected that the transactions, which are subject to approval by the Univar board of directors, will be completed by the end of March 1994.
 Univar Corp., headquartered in Kirkland, serves industry through three subsidiaries, Van Waters & Rogers Inc. in the United States, Van Waters & Rogers Ltd. in Canada and Univar Europe N.V. in Europe.
 -0- 1/12/94
 /CONTACT: Gary Pruitt, vice president-finance and treasurer of Univar, 206-889-3400/
 (UVX)


CO: Univar Corp.; Univar Europe N.V.; Lambert Riviere S.A. ST: Washington IN: CHM SU:

JH -- SE004 -- 1399 01/12/94 11:54 EST
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Publication:PR Newswire
Date:Jan 12, 1994
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