Textron Declares Quarterly Dividend

PROVIDENCE, R.I.--The Board of Directors of Textron Inc. today declared a quarterly dividend of $0.3875 per share on the company’s Common Stock.

The Board of Directors also declared a quarterly dividend of $0.52 per share on Textron’s $2.08 Cumulative Convertible Preferred Stock, Series A, and $0.35 per share on the company’s $1.40 Convertible Preferred Dividend Stock, Series B.

All dividends will be paid on January 1, 2007, to holders of record at the close of business on December 15, 2006.

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.