Cummins Inc. Declares Quarterly Common Stock Dividend

COLUMBUS, Ind.--Oct. 1, 20034, 2003--The Board of Directors of Cummins Inc. today declared a quarterly common stock cash dividend of 30 cents per share, payable on December 1, 2003, to shareholders of record on November 14, 2003.

Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins serves its customers through more than 500 company-owned and independent distributor locations in 131 countries and territories. With 23,700 employees worldwide, Cummins reported sales of $5.9 billion in 2002. Press releases can be found by accessing the Cummins home page at www.cummins.com.