Hickok Incorporated Declares Dividend

CLEVELAND, Dec. 23, 2004 -- Hickok Incorporated today announced that its board of directors approved, at its December 8, 2004 meeting, and today the Company declared a special cash dividend of $0.10 per Class A and Class B common shares, payable January 24, 2005, to stockholders of record as of January 3, 2005. This payment is the first dividend declared by the Company since 1999.

Hickok provides products and services primarily for the automotive, locomotive, and aircraft industries. Offerings include the development, manufacture and marketing of electronic and non-electronic automotive diagnostic products used for repair, emission testing, and nut-running electronic controls used in manufacturing processes. The Company also develops and manufactures indicating instruments for aircraft, locomotive and general industrial applications and provides repair-training programs.