Eaton Corporation will host a conference call on Wednesday, April 14, 2004 beginning at 10 a.m. EDT.

Diversified industrial manufacturer Eaton Corporation announced it has acquired the Electrum Group Ltd., a New Jersey-based company that provides power management services and web-based software for telecommunications, data center and government applications.

Diversified industrial manufacturer Eaton Corporation announced net income per share of $1.44 for the fourth quarter of 2003, an increase of 53 percent over net income per share of $.94 in the fourth quarter of 2002. Sales in the quarter were $2.08 billion, 17 percent above the same period in 2002 and a record for the fourth quarter.

As announced in today’s fourth quarter 2003 earnings news release, the Board of Directors of diversified industrial manufacturer Eaton Corporation has approved a two-for-one stock split.

Eaton Corporation today announced it has reached agreement to purchase Ultronics Limited and its advanced electro-hydraulic valve system technology. Terms were not disclosed.

Oct. 14, 2003–Diversified industrial manufacturer Eaton Corporation announced net income per share of $1.39 for the third quarter of 2003, an increase of 7 percent from net income per share of $1.30 in the third quarter of 2002. Sales in the quarter were $2.03 billion, 11 percent above last year. Net income was $107 million compared to $93 million in 2002.

Diversified industrial manufacturer Eaton Corporation announced the renaming of its Industrial and Commercial Controls business to Eaton Electrical. The Eaton organizational unit formerly known as the Cutler-Hammer Group also will be named Eaton Electrical.

Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) announced that William B. (Barry) Doggett has been appointed vice president, public and community affairs, effective June 2, 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.

Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) announced the election of Gregory R. Page and Kiran M. Patel to Eaton’s Board of Directors at this morning’s Annual Meeting of Shareholders.