Eaton Declares Quarterly Dividend

28.04.2003

Diversified industrial manufacturer Eaton Corporation's (NYSE:ETN) Board of Directors declared a regular quarterly dividend of $.44 per common share, payable on May 23, 2003 to shareholders of record on May 5, 2003. Eaton has paid dividends on common shares every year since 1923.

About Eaton Corp.

Eaton Corporation is a global diversified industrial manufacturer with 2002 sales of $7.2 billion that is a leader in fluid power systems; electrical power quality, distribution and control; automotive engine air management and fuel economy; and intelligent systems for fuel economy and safety in trucks. Eaton has 51,000 employees and sells products in more than 50 countries. For more information visit the manufacturer's homepage.

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