Eaton Announces Live Webcast of February 24 Analyst Conference

CLEVELAND--Feb. 1, 20055, 2005--Diversified industrial manufacturer Eaton Corporation today said it will be hosting an analyst conference on Thursday, February 24, 2005 beginning at 8:30 a.m. EST and concluding by 1:30 p.m. The purpose of the meeting is to discuss the company's business prospects with security analysts and institutional investors.

The conference will be available to interested parties via a live video webcast that can be accessed through Eaton's home page by simply clicking on the microphone on the left side of the www.eaton.com site.

Eaton Corporation is a diversified industrial manufacturer with 2004 sales of $9.8 billion. Eaton is a global leader in fluid power systems and services for industrial, mobile and aircraft equipment; electrical systems and components for power quality, distribution and control; automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety; and intelligent truck drivetrain systems for safety and fuel economy. Eaton has 55,000 employees and sells products to customers in more than 125 countries. For more information, visit www.eaton.com