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Gold/Mining/Energy : KERM'S KORNER

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To: Kerm Yerman who wrote (8593)1/21/1998 7:57:00 PM
From: Kerm Yerman   of 15196
 
CORP. / Imperial Oil To Split Shares

IMPERIAL OIL LIMITED

TORONTO, Jan. 21 /CNW/ - Imperial Oil Limited's board of directors today
approved a proposal to subdivide the common shares of the company on a
three-for-one basis. The stock split is subject to shareholder approval at the
company's annual meeting on April 24, 1998 as well as regulatory approvals.

Imperial currently has about 149 million shares outstanding.
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