Rockwell Automation Declares 29% Dividend Increase to $1.16 Per Share Annually on Common Stock, Names Director Nominees for Election at 2007 Annual Shareowners Meeting

MILWAUKEE--The Rockwell Automation, Inc. Board of Directors today declared a 29 percent increase in the quarterly dividend on its common stock to 29 cents per share, payable on December 4, 2006 to shareowners of record at the close of business on November 13, 2006. Before the increase, the quarterly dividend was 22.5 cents per share.

The Board of Directors also designated Keith D. Nosbusch, William T. McCormick, Jr., and Barry C. Johnson, Ph.D., as nominees for election to the board of directors, with terms expiring in 2010. The election will take place at the Rockwell Automation 2007 Annual Meeting to be held on February 7, 2007. Former Rockwell Automation Chairman and Chief Executive Officer Don H. Davis, Jr. is retiring from the board of directors immediately prior to the Annual Meeting, which will reduce the number of directors to nine. The other six directors will continue on the board.

"The decision to increase the dividend by 29 percent reflects our strong earnings and cash flow performance, solid financial position, and confidence in the future of Rockwell Automation," said Keith D. Nosbusch, chairman and chief executive officer.

This news release contains statements (including certain projections and business trends) accompanied by such phrases as “believe”, “estimate”, “expect”, “anticipate”, “will”, “intend” and other similar expressions, that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, many of which are beyond our control, including but not limited to:

economic and political changes in global markets where we compete, such as currency exchange rates, inflation rates, interest rates, recession, policies of foreign governments and other external factors we cannot control, and U.S. and local laws affecting our activities abroad and compliance therewith;
successful development of advanced technologies and demand for and market acceptance of new and existing products;
general global and regional economic, business or industry conditions, including levels of capital spending in industrial markets;
the availability, effectiveness and security of our legacy and future information technology systems;
competitive product and pricing pressures;
disruption of our operations due to natural disasters, acts of war, strikes, terrorism, or other causes;
intellectual property infringement claims by others and the ability to protect our intellectual property;
the successful execution of our Power Systems divestiture strategy and redeployment of cash proceeds;
our ability to successfully address claims by taxing authorities in the various jurisdictions where we do business;
our ability to attract and retain qualified personnel;
the uncertainties of litigation;
disruption of our North American distribution channel;
the availability and price of components and materials; and
other risks and uncertainties, including but not limited to those detailed from time to time in our Securities and Exchange Commission filings.

These forward-looking statements reflect our beliefs as of the date of filing this release. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Rockwell Automation, Inc. , is a leading global provider of industrial automation power, control and information solutions that help customers meet their manufacturing productivity objectives. The company brings together leading brands in industrial automation for Complete Automation solutions, including Allen-BradleyŽ controls and services, DodgeŽ mechanical power transmission products, RelianceŽ motors and drives, and Rockwell SoftwareŽ factory management software. Headquartered in Milwaukee, Wisc., the company employs about 23,000 people serving customers in more than 80 countries.