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Gold/Mining/Energy : KERM'S KORNER -- Ignore unavailable to you. Want to Upgrade?

To: Herb Duncan who wrote (10829)	5/21/1998 12:57:00 PM
From: SofaSpud	Respond to of 15196

DIVIDEND / Imperial Oil IMPERIAL OIL LIMITED TORONTO, May 21 /CNW/ - Imperial Oil Limited today declared a quarterly dividend of 18.5 cents per share on the outstanding common shares of the company, payable on July 1, 1998, to shareholders of record at the close of business on June 1, 1998. The effective date of the recently approved three-for-one stock split was May 15, 1998. The first quarter dividend of 55 cents per share is equal to 18.33 cents per share on a split-adjusted basis. The second quarter dividend of 18.5 cents per share represents an increase of 0.17 cents per share. -30- For further information: Investor Relations: Jean Cote, (416) 968-4262; Media Relations: Richard O'Farrell, (416) 968-4875