Oil-Dri Board of Directors Authorizes Additional Common Stock Repurchases and Approves Dividend Increases

CHICAGO, Oct. 11, 2005 -- Oil-Dri Corporation of America announced today that its Board of Directors authorized the repurchase of an additional 500,000 shares of its Common Stock and declared quarterly cash dividends of $0.12 per share of Common Stock and $0.09 per share of Class B Stock.

Daniel Jaffee, Oil-Dri President and Chief Executive Officer said, "We believe our Common Stock repurchase program is a good investment in our future and I am pleased with the Board's decision to approve additional shares for this program. Purchases will be periodic and subject to SEC regulations, market conditions and future business opportunities."

Including the 218,704 shares left under prior authorizations, the company is now authorized to repurchase 718,704 shares of Common Stock.

The dividends will be payable on December 9, 2005, to stockholders of record at the close of business on November 11, 2005. The fiscal year 2006 marks the 29th consecutive year the company has paid cash dividends.

Oil-Dri Corporation of America is the world's largest manufacturer of cat litter and a leading supplier of specialty sorbent products for industrial, automotive, agricultural, horticultural and specialty markets.