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Oilgear Declares Quarterly Dividend

    MILWAUKEE--March 15, 2001--Directors of The Oilgear Company declared a regular quarterly dividend of $0.07 per share on the company's common stock. The dividend is payable April 10, 2001, to stockholders of record at the close of business on March 30, 2001.

    A leader in the fluid power industry, The Oilgear Company provides advanced technology in the design and production of unique fluid power components, systems and electronic controls. The company serves customers in the primary metals, machine tool, automobile, petroleum, construction equipment, chemical, plastic, glass, lumber, rubber and food industries. Its products are sold as individual components or integrated into high performance systems

    News releases and product information from The Oilgear Company are available 24 hours a day on-line at: www.oilgear.com