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WILLAMETTE INDUSTRIES DECLARES CASH DIVIDEND

 PORTLAND, Ore., Aug. 12 /PRNewswire/ -- The board of directors of Willamette Industries Inc. (NASDAQ: WMTT) today declared a dividend of 22 cents per share on its common stock, payable on Sept. 14, 1993, to shareholders of record at the close of business on Aug. 30, 1993.
 In other business, the company announced that it will redeem its 8-1/2 percent notes due 1996 on Oct. 15, 1993, at a redemption price equal to 100 percent of the principal amount outstanding. The aggregate principal amount of the notes outstanding is $75,000,000.
 -0- 8/12/93
 /CONTACT: J. A. Parsons, executive vice president, of Willamette Industries, 503-273-5635/
 (WMTT)


CO: Willamette Industries Inc. ST: Oregon IN: PAP SU: DIV

SB -- SE011 -- 2219 08/12/93 15:38 EDT
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Publication:PR Newswire
Date:Aug 12, 1993
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