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Michigan Rivet Corporation Declares Dividend

27 August 1998

Michigan Rivet Corporation Declares Dividend 
    WARREN, Mich., Aug. 27 -- The Board of Directors of Michigan
Rivet Corporation declared a dividend of twelve cents ($.12) per share payable
September 30, 1998 to Shareholders of Record as of September 9, 1998.
    Michigan Rivet Corporation produces specialty fasteners for the automotive
industry and is QS-9000 and ISO 9002 registered.  Its manufacturing facilities
are located in Warren and Petoskey, Michigan.  Michigan Rivet Corporation's
stock is traded on Michigan Over-the-Counter.