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WEAN INCORPORATED ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR DEBENTURES

 PITTSBURGH, Feb. 18 /PRNewswire/ -- Wean Incorporated (NYSE: WID) announced today that the exchange offer presently being conducted with respect to its 5-1/2 percent convertible subordinated debentures due March 1, 1993, is being extended from Feb. 19, 1993, to March 1, 1993.
 All other terms of the exchange offer remain the same.
 The company is offering to exchange a new 8 percent convertible senior subordinated note due March 1, 2004, in the principal amount of $100 for each $100 in principal amount of the company's 5-1/2 percent debentures currently outstanding. Approximately $12 million in principal amount of the 5-1/2 percent debentures are outstanding.
 Approximately $2,747,050 in principal amount of the 5-1/2 percent debentures have been tendered to date.
 -0- 2/18/93
 /CONTACT: R.J. Wean III of Wean Incorporated, 412-456-5300/
 (WID)


CO: Wean Incorporated ST: Pennsylvania, Ohio IN: MNG SU:

CD-JS -- PG005 -- 7855 02/18/93 11:31 EST
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Publication:PR Newswire
Date:Feb 18, 1993
Words:155
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