Johnson Controls Increases Dividend For 30th Consecutive Year

MILWAUKEE, Nov. 17, 2004 -- The Directors of Johnson Controls, Inc. (JCI) today increased the quarterly cash dividend on common shares to $.25 per share from the previous quarterly rate of $.225. The dividend is payable January 3, 2005 to shareholders of record December 15, 2004.

With the increase, the indicated annual dividend rate for fiscal 2005 is $1.00, up from the $.90 per share paid in 2004.

"Today's action marks the 30th consecutive year that Johnson Controls has raised its dividend. It is a reflection of our record results in fiscal 2004, our strong financial position and our expectation of record sales and earnings in fiscal 2005," said John M. Barth, Chairman and Chief Executive Officer.

Johnson Controls has paid consecutive dividends since 1887.

Johnson Controls is a global market leader in automotive systems and facility management and control. In the automotive market, it is a major supplier of integrated seating and interior systems, and batteries. For non- residential facilities, Johnson Controls provides control systems and services including comfort, energy and security management. Johnson Controls founded in 1885, has headquarters in Milwaukee, Wisconsin.