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United Technologies Board Declares Quarterly Dividend

29 July 1997

United Technologies Board Declares Quarterly Dividend

    HARTFORD, Conn., July 29 -- The board of directors of United
Technologies Corporation today declared a quarterly dividend of
31 cents a common share, payable September 10, 1997, to owners of record at
the close of business on August 22, 1997.
    In addition, the directors declared a regular quarterly dividend of
$1.20 a share on the convertible preferred stock held under the corporation's
Employee Stock Ownership Plan.  The dividend is payable September 10, 1997 to
owners of record at the start of business September 10, 1997.
    United Technologies Corporation, based in Hartford, Conn., provides a
broad range of high-technology products and support services to the building
systems, automotive and aerospace industries.

SOURCE  United Technologies Corporation