SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (Date of earliest event reported                    June 13, 2002
                                                        ------------------------


                                  CERBCO, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                    Delaware
--------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)


               0-16749                                 54-1448835
---------------------------------------- ---------------------------------------
      (Commission File Number)               (IRS Employer Identification No.)



 3421 Pennsy Drive, Landover, Maryland                 20785-1608
---------------------------------------- ---------------------------------------
(Address of principal executive offices)               (Zip Code)



                          Registrant's telephone number
including area code:
                              (301) 773-1784 (tel)
                              (301) 322-3041 (fax)
                 (301) 773-4560 (24-Hour Fax Vault Information)


                                      None
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)




<PAGE>



Item 5.    Other Events.

           See press release of the registrant dated June 13, 2002 attached
hereto.



                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: June 13, 2002                                         CERBCO, Inc.
                                                    ----------------------------
                                                           (Registrant)


                                                     By: /s/ Robert W. Erikson
                                                     ---------------------------
                                                        Robert W. Erikson
                                                        President



<PAGE>




                                                                   PRESS RELEASE
                                                           For Immediate Release


                       CERBCO DECLARES 2002 CASH DIVIDENDS


     LANDOVER,  MD - June 13, 2002: CERBCO, Inc.  [OTC:CERB]  announced that the
Company  declared cash  dividends on June 13, 2002 of ten cents ($.10) per share
on its  shares of Common  Stock  and ten cents  ($.10)  per share on its Class B
Common  Stock.  Both  dividends  are to be paid on or about July 15, 2002 to the
stockholders of record at the close of business on June 30, 2002.

     CERBCO, Inc. is a parent holding company with a controlling interest in one
principal operating subsidiary, Insituform East, Inc. [NASDAQ:INEI].  Insituform
East and its  subsidiaries  are  engaged  in the  trenchless  rehabilitation  of
underground  sewers  and  other  pipelines  using  cured-in-place-pipe  ("CIPP")
rehabilitation  processes.  Insituform East operates in six Mid-Atlantic  States
and the  District of Columbia  using the  patented  Insituform(R)  brand of CIPP
process under territorially  exclusive  sublicenses.  Employing other trenchless
CIPP processes, Midsouth Partners, a wholly-owned subsidiary of Insituform East,
is entitled to operate substantially without product or geographic restriction.



                                      * * *
Contact:      Robert W. Erikson                    George Wm. Erikson
              President                            Chairman
              (301) 773-1784                       (301) 773-1784
[{"type": "8-K", "sequence": "1", "filename": "cprdiv02.txt", "description": "CERBCO DECLARES 2002 CASH DIVIDENDS", "secsgml_size_bytes": 4244}]
{"company-data": {"conformed-name": "CERBCO INC", "cik": "0000826821", "assigned-sic": "1700", "irs-number": "541448835", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-16749", "film-number": "02678313"}, "business-address": {"street1": "3421 PENNSY DR", "city": "LANDOVER", "state": "MD", "zip": "20785", "phone": "3017731784"}, "mail-address": {"street1": "3421 PENNSY DRIVE", "street2": "3421 PENNSY DRIVE", "city": "LANDOVER", "state": "MD", "zip": "20785"}}
SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported                    June 13, 2002
                                                        ------------------------

                                  CERBCO, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                    Delaware
--------------------------------------------------------------------------------
                 (State or other jurisdiction of incorporation)

               0-16749                                 54-1448835
---------------------------------------- ---------------------------------------
      (Commission File Number)               (IRS Employer Identification No.)

 3421 Pennsy Drive, Landover, Maryland                 20785-1608
---------------------------------------- ---------------------------------------
(Address of principal executive offices)               (Zip Code)

                          Registrant's telephone number
including area code:
                              (301) 773-1784 (tel)
                              (301) 322-3041 (fax)
                 (301) 773-4560 (24-Hour Fax Vault Information)

                                      None
--------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 5.    Other Events.

           See press release of the registrant dated June 13, 2002 attached
hereto.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date: June 13, 2002                                         CERBCO, Inc.
                                                    ----------------------------
                                                           (Registrant)

                                                     By: /s/ Robert W. Erikson
                                                     ---------------------------
                                                        Robert W. Erikson
                                                        President
PRESS RELEASE
                                                           For Immediate Release

                       CERBCO DECLARES 2002 CASH DIVIDENDS

     LANDOVER,  MD - June 13, 2002: CERBCO, Inc.  [OTC:CERB]  announced that the
Company  declared cash  dividends on June 13, 2002 of ten cents ($.10) per share
on its  shares of Common  Stock  and ten cents  ($.10)  per share on its Class B
Common  Stock.  Both  dividends  are to be paid on or about July 15, 2002 to the
stockholders of record at the close of business on June 30, 2002.

     CERBCO, Inc. is a parent holding company with a controlling interest in one
principal operating subsidiary, Insituform East, Inc. [NASDAQ:INEI].  Insituform
East and its  subsidiaries  are  engaged  in the  trenchless  rehabilitation  of
underground  sewers  and  other  pipelines  using  cured-in-place-pipe  ("CIPP")
rehabilitation  processes.  Insituform East operates in six Mid-Atlantic  States
and the  District of Columbia  using the  patented  Insituform(R)  brand of CIPP
process under territorially  exclusive  sublicenses.  Employing other trenchless
CIPP processes, Midsouth Partners, a wholly-owned subsidiary of Insituform East,
is entitled to operate substantially without product or geographic restriction.

                                      * * *
Contact:      Robert W. Erikson                    George Wm. Erikson
              President                            Chairman
              (301) 773-1784                       (301) 773-1784