ROUSE CO. APPROVES CASH DIVIDEND PAYMENT

THE BALTIMORE SUN

The Rouse Company of Columbia announced last month that its board of directors approved payment of the company's regular quarterly cash dividend.

The rate is $.15 per common share, payable on Dec. 21, 1990, to shareholders of record on Dec. 14, 1990.

As in 1989, the company anticipates that the entire amount of the dividend to be paid in 1990 will be a return of capital distribution and, as such, not taxable to most shareholders.

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