---

Exide Corporation Announces Fourth Quarter Cash Dividend

2 June 1998

Exide Corporation Announces Fourth Quarter Cash Dividend

    BLOOMFIELD HILLS, Mich., June 1 -- Arthur M. Hawkins,
chairman, president and chief executive officer of Exide Corporation
, today announced that the corporation has declared a cash dividend
of $.02 (two cents) per share of common stock payable June 23, 1998, to
shareholders of record on June 9, 1998.
    Exide Corporation, the world's leading manufacturer of lead-acid
batteries, is headquartered in Bloomfield Hills, Michigan, with administrative
offices in Reading, Pennsylvania.  Exide is traded on the New York Stock
Exchange under the symbol "EX."