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Walbro Corporation Declares Preferred Stock Dividend

29 June 1998

Walbro Corporation Declares Preferred Stock Dividend

    CASS CITY, Mich., June 29 -- The Board of Directors of Walbro
Corporation has declared a second quarter dividend of $.50 per
share of the Company's convertible trust preferred securities, payable July
31, 1998, to stockholders of record July 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 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.