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To: Glenn D. Rudolph who wrote (77339)	9/14/1999 4:02:00 PM
From: H James Morris	Respond to of 164684

Glenn, If you like 11%, why not get 11.50%. What kind of interest rate do you get on your cash deposits? Do you know there are investors here that would turn up their noses at 11.50%? I think you probably know them. >> DALLAS, Sept. 9 /PRNewswire/ -- PMC Capital, Inc. (Amex: PMC) announced that its Board of Directors has declared a dividend of $0.25 per common share of stock. The dividend will be paid to shareholders of record September 30, 1999, payable on October 12, 1999. Lance B. Rosemore, Chief Executive Officer and President stated, "Our portfolio performance continues to be very strong, consequently we have maintained our $0.25 dividend for the fourth (4th) consecutive quarter. PMC has now paid dividends on a regular basis since becoming a public company in 1983." PMC Capital is a closed-end registered investment company that originates commercial mortgages and manages, through a subsidiary, PMC Commercial Trust, a real estate investment trust. <<