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WARBURG, PINCUS & CO. COMPLETES DISTRIBUTION OF MATTEL STOCK

 WARBURG, PINCUS & CO. COMPLETES DISTRIBUTION OF MATTEL STOCK
 NEW YORK, July 6 /PRNewswire/ -- Warburg, Pincus & Co. reported today that it completed its distribution of approximately 15.2 million shares of Mattel, Inc. common stock from two of its venture banking funds. This distribution, which was initially announced on May 6, 1992, represents more than 90 percent of Warburg's stake in Mattel.
 John L. Vogelstein, vice chairman of Warburg, Pincus and chairman of the executive/finance committee of Mattel, and Harold Brown, senior managing director of Warburg, Pincus, will remain on the Mattel board of directors.
 -0- 7/6/92
 /CONTACT: Dawn Dover of Kekst and Company, 212-593-2655, for Warburg, Pincus & Co./
 (MAT) CO: Warburg, Pincus & Co.; Mattel, Inc. ST: New York IN: SU:


SM -- NY057 -- 6731 07/06/92 16:20 EDT
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Publication:PR Newswire
Date:Jul 6, 1992
Words:132
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