ITW Directors Declare Quarterly Dividend

GLENVIEW, Ill., Oct. 27, 2006 -- The board of directors of Illinois Tool Works Inc. today declared a regular quarterly cash dividend of 21 cents per share or 84 cents per share on an annual basis. This dividend will be paid on Monday, January 22, 2007 to stockholders of record on Sunday, December 31, 2006. All dividend amounts reflect the Company's two-for-one stock split which was effective in May of 2006.

ITW is a $12.8 billion in revenues diversified manufacturer of highly engineered components and industrial systems and consumables. The Company consists of approximately 700 business units in 48 countries and employs some 50,000 people.