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Simpson Industries Declares Quarterly Dividend

    PLYMOUTH, Mich., Aug. 18 /PRNewswire/ -- Simpson Industries, Inc.
(Nasdaq: SMPS) announces that its Board of Directors declared a quarterly
dividend in the amount of $.10 per share.  The dividend is payable September
24, 1998 to shareholders of record on September 3, 1998.


SOURCE Simpson Industries, Inc.




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