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Walbro Corporation Declares Fourth Quarter Dividends

16 December 1997

Walbro Corporation Declares Fourth Quarter Dividends

    CASS CITY, Mich., Dec. 16 -- The Board of Directors of Walbro
Corporation has declared a fourth quarter dividend of 10 cents
per share of common stock, payable January 30, 1998, to stockholders of record
December 31, 1997.  The dividend will be paid on approximately 8,683,000
shares outstanding.
    The Board also declared a fourth quarter dividend of 50 cents per share of
preferred stock, payable January 30, 1998, to stockholders of record
January 15, 1998.  The dividend will be paid on 2,760,000 shares outstanding.
    Walbro Corporation is a designer and manufacturer of precision fuel
systems and products for automotive and small engine markets.  Walbro,
Corporation is headquartered in Cass City, Michigan, and has subsidiaries and
joint ventures throughout the world, including North and South America, Europe
and Asia.  Walbro common stock is traded on the Nasdaq National Market under
the symbol WALB.

                              WALBRO CORPORATION
                                 COMMON STOCK

                                       Dividends       Shares
    Quarters Ended                     Per Share       Outstanding

    December 31, 1997                  $.10            8,683,000 (est.)
    September 30, 1997                  .10            8,664,420
    June 30, 1997                       .10            8,662,381
    March 31, 1997                      .10            8,652,737

    December 31, 1996                   .10            8,652,737
    September 30, 1996                  .10            8,601,796
    June 30, 1996                       .10            8,601,796
    March 31, 1996                      .10            8,601,796

SOURCE  Walbro Corporation