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USX: EARNINGS TO INCLUDE SALE FROM INTEREST IN ACE LIMITED

 PITTSBURGH, April 2 /PRNewswire/ -- USX Corporation said today that the USX-U.S. Steel Group (NYSE: X) first quarter results will include approximately $17 million of net income reflecting the sale of USX's interest in ACE Limited as part of the recent secondary public offering of ACE Limited ordinary shares, it was announced today. First quarter financial results of the USX-U.S. Steel Group will be reported at the end of the month.
 ACE is a Bermuda-based liability insurance company. USX was one of the original firms that formed ACE in 1985.
 -0- 4/2/93
 /CONTACT: William E. Keslar and Don H. Herring of USX Corporation, 412-433-6870/
 (X)


CO: USX; USX-U.S. Steel Group; ACE limited ST: Pennsylvania IN: MNG SU: ERN

KC -- PG002 -- 2374 04/02/93 08:24 EST
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Publication:PR Newswire
Date:Apr 2, 1993
Words:131
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