Olin Declares Quarterly Dividend

    NORWALK, Conn., April 24 /PRNewswire/ -- Olin Corporation's Board of
 Directors today declared a quarterly dividend of 30 cents on each share of
 Olin (NYSE:   OLN) common stock.  This is the same amount paid in the previous
     The dividend is payable on June 10, 1997, to shareholders of record on
 May 9.  This marks the company's 282nd consecutive quarterly dividend.

SOURCE Olin Corporation

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