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Bethlehem Steel Dividend Action
For Immediate Release
Public Relations Division
Public Affairs Department
1170 Eighth Avenue
Bethlehem, PA 18016-7699
(610) 694-3711 - Phone
(610) 694-1509 - Fax
BETHLEHEM, Pa., April 30, 1997 -- The Board of Directors of Bethlehem Steel Corporation today declared dividends of $1.25 per share on Bethlehem's $5.00 Cumulative Convertible Preferred Stock, $0.625 per share on Bethlehem's $2.50 Cumulative Convertible Preferred Stock and $0.875 per share on Bethlehem's $3.50 Cumulative Convertible Preferred Stock, each payable June 10, 1997 to holders of record on May 9, 1997. No dividend was declared on Bethlehem's Common Stock.
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Bette Kovach, Media Contact,
Bethlehem Steel Corporation
610-694-6308
Blaise Derrico, Investor Relations,
Bethlehem Steel Corporation
610-694-4583
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