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Insilco Corporation Announces Completion of Exchange Offer

19 November 1997

Insilco Corporation Announces Completion of Exchange Offer

    COLUMBUS, Ohio, Nov. 19 -- Insilco Corporation
announced today that it completed its offer to exchange up to $150,000,000 of
publicly registered 10.25% Senior Subordinated Notes Due 2007, for a like
amount of its unregistered 10.25% Senior Subordinated Notes Due 2007.  The
Company indicated that all of its unregistered Notes were exchanged for the
new registered Notes.
    Insilco Corporation, based in suburban Columbus Ohio, is a diversified
manufacturer of industrial components and a supplier of specialty
publications.  The Company's industrial business units serve the automotive,
electronics, telecommunications and other industrial markets, and its
publishing business serves the school yearbook market.  It had revenues in
1996 of $572 million.

SOURCE  Insilco Corporation