Oil-Dri Board of Directors Declares Dividend

    CHICAGO--March 14, 2003--The Board of Directors of Oil-Dri Corporation of America has declared a quarterly dividend of $0.09 per share for the Common Stock and $0.0675 per share for the Class B Stock.
    The dividend will be payable on June 13, 2003, to shareholders of record at the close of business on May 9, 2003. This is the 102nd consecutive dividend payment beginning in 1975.

    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.