To: Jimbo Cobb who wrote (40234 ) 12/16/1998 11:52:00 AM From: Elwood P. Dowd Respond to of 97611
Wednesday December 16, 11:02 am Eastern Time Company Press Release Digital Declares Regular Cash Dividend On Series A Preferred Stock HOUSTON--(BUSINESS WIRE)--Dec. 16, 1998--Directors of Digital Equipment Corporation declared a regular cash dividend on its Series A 8-7/8% Cumulative Preferred Stock for the period from October 16, 1998 through January 15, 1999. The dividend is equivalent to $.555 per depositary share. Each depositary share represents ownership of one-fourth of a share of Series A 8-7/8% Cumulative Preferred Stock, par value $1.00 per share, issued March 21, 1994. Dividends are payable on January 15, 1999 to shareholders of record at the close of business on January 4, 1999. Company Background Founded in 1982, Compaq Computer Corporation is a Fortune Global 100 company. Compaq is the second largest computer company in the world and the largest global supplier of personal computers. Compaq develops and markets hardware, software, solutions, and services, including industry-leading enterprise computing solutions, fault-tolerant business-critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products are available at compaq.com or by calling 1-800-OK-COMPAQ. Product information and reseller locations are available by calling 1-800-345-1518. Digital Equipment Corporation is a wholly owned subsidiary of Compaq Computer Corporation. Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies.