ITT Industries Declares $0.15 Per Share Fourth Quarter Dividend

09.10.2001

WHITE PLAINS, N.Y., Oct. 9 /PRNewswire/ -- ITT Industries, Inc.'s

(NYSE: ITT) Board of Directors today declared a $0.15 per share dividend for the fourth quarter of 2001. The dividend is payable on January 1, 2002 to shareholders of record on November 30, 2001.

ITT Industries, Inc. (http://www.itt.com) supplies advanced technology products and services in key markets including: electronic interconnects and switches; defense communication, opto-electronics, information technology and services; fluid and water management and specialty products. Headquartered in White Plains, NY, the company generated $4.8 billion in 2000 sales, and employs approximately 42,000 people around the world.

In addition to the New York Stock Exchange, ITT Industries' stock is traded on the Midwest, Pacific, London, Frankfurt and Paris exchanges.

Source: ITT Inc.

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