Chase Declares Preferred Stock Dividends

Business Wire, Nov 18, 1997

NEW YORK--(BUSINESS WIRE)--Nov. 18, 1997--The Chase Manhattan Corp. today declared a quarterly dividend on the outstanding shares of each of the corporation's preferred stock issues:

-Adjustable Rate Cumulative Preferred Stock Series L--$1.39650 per share

-Adjustable Rate Cumulative Preferred Stock Series N--$0.35328125 per share

- 10.96% Preferred Stock -- $0.6850 per share - 10.84% Cumulative Preferred Stock -- $0.6775 per share - 10 1/2% Cumulative Preferred Stock --$0.65625 per share - 9.76% Cumulative Preferred Stock --$0.6100 per share - 8.40% Cumulative Preferred Stock --$0.5250 per share - 7.92% Cumulative Preferred Stock --$1.98 per share (equivalent to $0.495 per Depositary Share) - 7.58% Cumulative Preferred Stock -- $1.895 per share (equivalent to $0.47375 per Depositary Share) - 7 1/2% Cumulative Preferred Stock -- $1.875 per share (equivalent to $0.46875 per Depositary Share)

All of the above dividends are payable on Dec. 31, 1997, to stockholders of record at the close of business on Dec. 15, 1997.

CONTACT: Investor Contact:

John Borden

212/270-7318

or

Press Contact:

Kathleen Baum

212/270-5089

http://www.chase.com