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Pitt-Des Moines, Inc. Declares Dividend

    PITTSBURGH, Aug. 20 /PRNewswire/ -- At its regular meeting on August 20,
1998, the Board of Directors of Pitt-Des Moines, Inc. (Amex: PDM) declared a
quarterly dividend of 15 cents per share of common stock payable September 25,
1998, to shareholders of record on September 11, 1998.
    Pitt-Des Moines, Inc. (PDM(R)) is a diversified engineering and
construction company that processes and distributes a broad range of carbon
and steel products.  PDM has sales offices and plant facilities located
primarily in the United States.


SOURCE Pitt-Des Moines, Inc.




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    CONTACT:
    R.A. Byers, Vice President, Finance, of
    Pitt-Des Moines, 281-774-2200