S.E.C. File No. 33-30684
Filed pursuant to
Rule 424(b)(3)
PRICING SUPPLEMENT
(To prospectus and prospectus supplement
dated February 24, 1993)
$40,000,000
W.R. BERKLEY CORPORATION
MEDIUM-TERM NOTES, SERIES A
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Date of Issue: April 22, 1998 Interest Rate: 6.375% per annum
Principal Amount: $40,000,000 Maturity Date: April 15, 2005
Redemption/Repayment Provisions: Not applicable
Form: Book-Entry
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Morgan Stanley & Co. Incorporated ("Morgan Stanley") has agreed to purchase
the Notes described above as principal for resale to investors and other
purchasers at varying prices relating to prevailing market prices at the time of
resale, as determined by Morgan Stanley. The net proceeds to the Corporation,
before deducting expenses payable by it, will be 99.463% of the principal amount
of the Notes sold and the aggregate net proceeds will be $39,785,200. The net
proceeds will be used by the Corporation to retire the following existing
indebtedness, in whole or in part: (i) 8.95% Medium Term Notes due May 20, 1998,
(ii) 8.70% Senior Debentures due January 1, 2222 and (iii) 9.875% Senior Notes
due May 15, 2008.
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MORGAN STANLEY DEAN WITTER
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The date of this Pricing Supplement is April 17, 1998
