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OEA, Inc. Increases Cash Dividend

3 November 1997

OEA, Inc. Increases Cash Dividend

    DENVER, Nov. 3 -- OEA, Inc. ... Ahmed D. Kafadar,
Chairman and Chief Executive Officer of the Denver-based, high-technology
manufacturer of automotive safety and aerospace products, announced that at
its October 30, 1997, meeting, the Board of Directors declared a cash dividend
of thirty-three cents a share, compared to thirty cents per share last year.
The annual dividend will be payable December 10, 1997, to shareholders of
record at the close of business November 28, 1997.
    OEA is a leading manufacturer of air bag initiators and a major supplier
of air bag inflators.  OEA is also a leader in the design and manufacture of
personnel escape systems of military aircraft and high-reliability devices for
missile and space applications.

SOURCE  OEA, Inc.