Myers Industries Declares Ten Percent Stock Dividend; Continues 26 Consecutive Years of Increased Cash Payout to Shareholders

    AKRON, Ohio--June 21, 2001--The Board of Directors of Myers Industries, Inc. today declared a ten percent stock dividend payable August 31, 2001, to shareholders of record as of August 10, 2001. The Board then declared a $.06 per common share quarterly cash dividend payable October 1, 2001, to shareholders of record as of September 7, 2001. The per share dividend will be paid on the increased number of shares resulting from the ten percent stock dividend. This marks the 26th consecutive year in which the Company has raised its effective cash payout to shareholders.
    Myers Industries, Inc. is an international manufacturer of plastic and rubber products for industrial, agricultural, automotive, commercial, and consumer markets. Products range from reusable plastic containers and plastic flower planters to plastic storage and organization products, rubber OEM parts, rubber tire repair products, and custom rubber materials. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire service and automotive underbody repair industry in the United States. Myers has 25 manufacturing facilities in North America and Europe, 42 domestic and five international distribution branches, more than 20,000 products, and more than 4,200 employees. The Company reported net sales of $652.7 million in 2000. Visit www.myersind.com to learn more.