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Published on 8/15/2003 in the Prospect News Distressed Debt Daily.

LSB Industries does not declare dividend on convertible preferreds

New York, Aug. 15 - LSB Industries, Inc. said its directors again decided not to declare the cash dividend on its $3.25 convertible exchangeable class C preferred stock series 2. The dividend would have been payable Sept. 15.

LSB Industries is an Oklahoma City chemical company.


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