BEI Technologies Declares Quarterly Dividend

SAN FRANCISCO, May 12, 2003 -- The Board of Directors of BEI Technologies, Inc. today announced its twenty-third consecutive quarterly dividend.

The dividend of one cent per share was declared effective May 9, 2003, and is payable on June 11, 2003, to shareholders of record May 26, 2003.

BEI Technologies and its subsidiaries were spun-off from their parent, BEI Electronics, Inc., at the end of September 1997 by distribution of the outstanding stock of BEI Technologies to the stockholders of BEI Electronics. BEI Technologies' former parent, BEI Electronics, paid 36 consecutive quarterly dividends from its initial public offering in 1989 through September 1997.

BEI Technologies, Inc. is an established manufacturer of electronic sensors, motors, actuators and motion control products used for factory and office automation, medical equipment, military, aviation and space systems. In addition, sales to manufacturers of transportation equipment including automobiles, trucks and off-road equipment have become a significant addition to the Company's business in recent years. The Company's micromachined quartz yaw and roll rate sensors are being used in advanced vehicle stability control systems and a significant increase in the production of those sensors has been in progress since the middle of 1998. BEI also manufactures electronic steering wheel position sensors, seat-memory modules; throttle position and pressure sensors and other devices used in automotive systems.