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Standard Products Declares Regular Quarterly Dividend

18 August 1997

Standard Products Declares Regular Quarterly Dividend

    DEARBORN, Mich., Aug. 18 -- Directors of The Standard
Products Co. today declared a regular quarterly dividend of $.17
per share, payable October 24, 1997 to shareholders of record October 10,
1997.
    Standard Products manufactures sealing, trim and vibration control systems
for the automotive original equipment industry at plants in North America,
South America and Europe, and its NISCO joint venture manufactures automotive
sealing systems in the United States.  The Company's Holm Industries
subsidiary produces seals for home and commercial refrigerators and freezers
and for residential doors and windows.  Its Oliver Rubber subsidiary
manufactures tread rubber and equipment for the retread industry.

SOURCE  Standard Products Co.