
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, March 20, 1990                   TAG: 9003202449
SECTION: BUSINESS                    PAGE: B4   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

EXXON SHUNS MEETING ON SPILLS

Exxon Corp. on Monday called "premature" a request that company Chairman Lawrence G. Rawl meet with institutional shareholders to discuss Exxon's environmental record and investigations into oil spills, the second time the company has sidestepped such a request.

The managers of California, New York and Massachusetts public pension funds, which hold more than 14 million shares of Exxon stock, sent a letter to Rawl on Friday pressing for a meeting "as soon as possible" to discuss Exxon's plans for dealing with environmental problems.

"We have been viewing Exxon's recent environmental problems with increasing alarm," they wrote. - Los Angeles Times

by CNB