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Filed Pursuant to Rule 424(b)(2)
Registration No. 333-59543
__________________________________________________________________
PRICING SUPPLEMENT NO. 1 DATED NOVEMBER 19, 1998
(to Prospectus Supplement Dated November 12, 1998)
__________________________________________________________________
FMC CORPORATION
Medium-Term Notes, Series B
Due More than Nine Months from Date of Issue
Notes represented by (mark applicable description)
X Global Note ____ Definitive Notes
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[If Notes are Floating Rate Notes, insert:]
Principal Amount: Issue Price:
Original Issue Date: Original Maturity Date:
Index Currency:
Specified Currency:
(If other than U.S. Dollars, see attached)
Option to Receive Payments in Specified Currency: [ ] Yes
[ ] No
Authorized Denominations:
(Applicable only if Specified Currency is other than
U.S. Dollars)
Base Rate:
Interest Accrual Date:
Interest Reset Period: Interest Payment Period:
Interest Reset Dates:
(If other than as specified in the Prospectus
Supplement)
MORGAN STANLEY DEAN WITTER
J.P. MORGAN & CO.
SALOMON SMITH BARNEY
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Initial Interest Reset Date:
Interest Payment Dates:
(If other than as specified in the Prospectus
Supplement)
Initial Interest Rate: Index Maturity:
Maximum Interest Rate: Minimum Interest Rate:
Spread (+/-): Spread Multiplier:
Reporting Service: Calculation Agent:
Optional Redemption: [ ] Yes [ ] No
Initial Redemption Date:
The Redemption Price shall initially be % of the principal
amount of the Note to be redeemed and shall decline at each
anniversary of the Initial Redemption Date by % of the
principal amount to be redeemed until the Redemption Price is
100% of such principal amount.
Optional Repayment: [ ] Yes [ ] No
Optional Repayment Dates:
Optional Repayment Prices:
Optional Interest Rate Reset: [ ] Yes [ ] No
Optional Reset Dates:
Optional Extension of Maturity: [ ] Yes [ ] No
Extension Period:
Number of Extension Periods:
Final Maturity Date:
Discount Note: [ ] Yes [ ] No
Total Amount of OID:
Original Yield to Maturity:
Initial Accrual Period OID:
[If Notes are Fixed Rate Notes, insert:]
Principal Amount: $100,000,000 Issue Price: 99.983*
*Plus accrued interest, if any, from the date of issuance.
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Original Issue Date: 11/24/98 Original Maturity Date: 11/25/02
Specified Currency: U.S. Dollars
(If other than U.S. Dollars, see attached)
Option to Receive Payments in Specified Currency: [ ] Yes
[X] No
Authorized Denominations: $1,000
Interest Accrual Date: November 24, 1998
Interest Payment Dates: May 25 and November 25,
commencing May 25, 1999
Interest Rate: 7.125%
Optional Redemption: [ ] Yes [X] No
Initial Redemption Date:
The Redemption Price shall initially be % of the principal
amount of the Note to be redeemed and shall decline at each
anniversary of the Initial Redemption Date by % of the
principal amount to be redeemed until the Redemption Price is
100% of such principal amount.
Optional Repayment: [ ] Yes [X] No
Optional Repayment Dates:
Optional Repayment Prices:
Optional Interest Rate Reset: [ ] Yes [X] No
Optional Reset Dates:
Optional Extension of Maturity: [ ] Yes [X] No
Extension Period:
Number of Extension Periods:
Final Maturity Date:
Original Issue Discount Note: [ ] Yes [X] No
Total Amount of OID:
Original Yield to Maturity:
Initial Accrual Period OID:
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