DETROIT, July 17 /PRNewswire/ -- The Board of Directors of Comerica
Incorporated (NYSE: CMA) today declared a quarterly cash dividend of
thirty-two cents ($0.32) per share. The dividend is payable October 1, 1998,
to shareholders of record September 15, 1998.

Comerica Incorporated is a diversified financial services provider
headquartered in Detroit that operates banking subsidiaries in Michigan,
California, Texas and Florida. Comerica reported total assets of $35 billion
at June 30, 1998.

SOURCE Comerica Incorporated
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