Rockwell Automation Declares Quarterly Dividend On Common Stock; Approves Additional Common Stock Repurchases & Pension Contribution

    MILWAUKEE--April 25, 2003--Rockwell Automation's board of directors declared a quarterly dividend of 16.5 cents per share on its common stock, payable June 2, 2003 to shareowners of record at the close of business May 12, 2003.
    The board of directors also authorized the periodic purchase of up to an additional $200 million in shares of common stock under the corporation's share repurchase program. Finally, the board of directors authorized a voluntary contribution to the corporation's U.S. qualified pension plan of up to $50 million by June 15, 2003.

    Rockwell Automation is a leading global provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. The company brings together leading brands in industrial automation for Complete Automation solutions, including Allen-Bradley(R) controls and services, Dodge(R) mechanical power transmission products, Reliance Electric(TM) motors and drives, and Rockwell Software(R) factory management software. The company also is a provider of contact management technologies and applications that help companies more efficiently manage interaction with their own customers. Headquartered in Milwaukee, Wisconsin, the company employs about 22,000 people serving customers in more than 80 countries.