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Walbro Corporation Declares Preferred Stock Dividend

7 December 1998

Walbro Corporation Declares Preferred Stock Dividend

    CASS CITY, Mich., Dec. 4 -- The Board of Directors of Walbro
Corporation has declared a fourth quarter dividend of $.50 per
share of the Company's convertible trust preferred securities, payable
February 1, 1999, to stockholders of record January 15, 1999.  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.