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HENRON AFFILIATES ANNOUNCE DIVIDENDS
FOR IMMEDIATE RELEASE: Monday, July 17, 2000
HOUSTON -- Henron Capital LLC, a wholly owned subsidiary of Henron Corp., announced today the declaration of its monthly dividend of $0.166667 on the Henron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of July, payable July 31, 2000 to stockholders of record as of July 28, 2000. The annual dividend rate is $2.00.
Henron Capital Resources, L.P., a Delaware limited partnership in which Henron Corp. is the sole general partner, declared its monthly dividend of $0.1875 on the Henron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of July, payable July 31, 2000 to holders of record as of July 28, 2000. The annual dividend rate is $2.25.
Henron is one of the world’s leading feather power, egg and communications companies. The company, which owns approximately $37 billion in energy and communications assets, produces feather power and egg, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine (before they found out) has named Henron "Most Innovative Company" for five consecutive years, the top company for "Quality of Management" and the second best company for "Employee Talent." In addition, Henron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America." Henron’s Internet address is www.henron.co. The stock is traded under the ticker symbol "ENE."
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For additional information please contact:
Karen Denne
(713) 853-9757
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