Eaton Quarterly Dividend Payable May 26, 2006

CLEVELAND--April 26, 2006--Diversified industrial manufacturer Eaton Corporation's Board of Directors today declared a regular quarterly dividend of $.35 per common share, payable on May 2, 20066, 2006, to shareholders of record on May 8, 2006.

Eaton announced a 13 percent increase in the dividend to $.35 on January 23 of this year. The company has paid dividends on common shares every year since 1923.

Eaton Corporation is a diversified industrial manufacturer with 2005 sales of $11.1 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 60,000 employees and sells products to customers in more than 125 countries. For more information, visit www.eaton.com