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USX CORPORATION FILES REGISTRATION STATEMENT

 USX CORPORATION FILES REGISTRATION STATEMENT
 PITTSBURGH, Nov. 5 /PRNewswire/ -- USX Corporation (NYSE: X)


announced that it filed a registration statement today with the Securities and Exchange Commission covering the offering of 20 million shares of USX-Marathon Group (NYSE: MRO) common stock.
 The net proceeds from the offering will be used for the general purposes of USX's Marathon Group, principally to fund capital projects worldwide. Shares will be offered to the public in two concurrent offerings, one in the United States and one outside the United States.
 The Marathon Group, which includes the operations of Marathon Oil Company (a wholly owned subsidiary of USX), is engaged in worldwide exploration for and production of crude oil and natural gas, domestic refining, marketing and transportation of crude oil and petroleum products, and natural gas gathering, transportation, marketing and distribution.
 USX is a diversified company engaged not only in the energy business through the Marathon Group but also in the steel business through its U.S. Steel Group.
 Lehman Brothers, Goldman, Sachs & Co., and Morgan Stanley & Co. Incorporated will act as representatives of the underwriters in connection with the United States offering. Lehman Brothers International Ltd., Goldman Sachs International Limited, and Morgan Stanley International are acting as lead managers for the managers of the offering outside the United States.
 /delval/
 -0- 11/5/91
 /CONTACT: William E. Keslar or Don H. Herring of USX Corporation, 412-433-6870/
 (X MRO) CO: USX Corporation; USX-Marathon Group ST: Pennsylvania IN: OIL


SU: OFR LC -- PG012 -- 1414 11/05/91 16:57 EST
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Publication:PR Newswire
Date:Nov 5, 1991
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