Cooper Industries' Board Declares Dividend

    HOUSTON, Feb. 14 The board of directors of Cooper
Industries, Inc. today declared a quarterly dividend on the
Company's outstanding common shares.
    A regular quarterly dividend of 35 cents on each common share is payable
April 2, 2001, to shareholders of record on March 1, 2001.
    Cooper Industries, with 2000 revenues of $4.5 billion, is a worldwide
manufacturer of electrical products, tools and hardware.  Additional
information about Cooper is available on the Company's Internet site:
http://www.cooperindustries.com.

     Contact:  John Breed of Cooper Industries, Inc., 713-209-8835.