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Pitt-Des Moines, Inc. Reports Dividend Correction

    HOUSTON, Nov. 6 /PRNewswire/ -- Pitt-Des Moines, Inc. (Amex: PDM)
announced that its quarterly dividend will be $0.15 per share, instead of
$0.16 per share, as previously and incorrectly reported.  The dividend will be
paid on December 18, 1998 to shareholders of record on December 4, 1998.
    Pitt-Des Moines, Inc. (PDM(R)) is a diversified engineering and
construction company that processes and distributes a broad range of carbon
steel products.  PDM has sales offices and plant facilities located primarily
in the United States.


SOURCE Pitt-Des Moines, Inc.




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  • http://www.pdm.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/699850.html or fax,
    800-758-5804, ext. 699850
    CONTACT:
    R.A. Byers, Vice President, Finance of
    Pitt-Des Moines, 281-774-2200, or fax, 281-774-2204