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Selas Declares Cash Dividend

17 December 1997

Selas Declares Cash Dividend

    DRESHER, Pa., Dec. 17 -- The Board of Directors of Selas
Corporation of America (Amex: SLS), at its meeting yesterday, declared a cash
dividend of $.045 per share.  The dividend will be payable on March 31, 1998
to shareholders of record on March 16, 1998.
    Selas is a diversified firm with international operations and sales that
engages in the design, development, engineering and manufacturing of a range
of products including precision, electronic and electromechanical/plastic
components, heat processing equipment and systems, and cable winch products.

SOURCE  Selas Corporation of America