ITW Directors Declare Quarterly Dividend

GLENVIEW, IL--Oct. 28, 2011: The board of directors of Illinois Tool Works Inc. today declared a regular quarterly cash dividend of $0.36 cents per share or $1.44 per share on an annual basis.  This dividend will be paid on Tuesday, January 10, 2012 to stockholders of record Friday, December 30, 2011.

With nearly 100 years of history, ITW is a Fortune 200 global diversified industrial manufacturer.  The Company's value-added consumables, equipment and service businesses serve customers in developed as well as emerging markets around the globe.  ITW's key business platforms, including Welding, Automotive OEM, Industrial Packaging, Food Equipment, Construction, Polymers and Fluids, Test and Measurement, Electronics, Decorative Surfaces and Automotive Aftermarket,  employ more than 60,000 people worldwide.  ITW's revenues totaled $15.4 billion in 2010, with more than half of these revenues generated outside of the United States.