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A.T. Cross: Eliminates Quarterly Dividend
Released by Strategic IR, Inc.
530 Fifth Avenue, 20th Fl.
New York, NY 10036
(212) 391-4868
For Immediate Release
A.T. CROSS COMPANY ELIMINATES QUARTERLY DIVIDEND
LINCOLN, R.I., December 8, 1998 - The Board of Directors of the A.T. Cross
Company (ASE-ATX.A) manufacturer of fine writing instruments and pen computing
products, today eliminated the cash dividend on the company's common stock,
Russell A. Boss, president and chief executive officer, announced.
"The elimination of the dividend reflects the current state of the quality
writing instrument business and our intent to continue to aggressively support
the strategic initiatives relating to the Cross Pen Computing Group", said Mr.
Boss.
For information at A.T. Cross contact:
John T. Ruggieri
Senior Vice President and Chief Financial Officer
(401) 333-1200
jruggieri@cross.com
Ends.