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Cooper Industries' Board Declares Dividend

4 August 1998

Cooper Industries' Board Declares Dividend

    HOUSTON, Aug. 4 -- The board of directors of Cooper
Industries, Inc. today declared a quarterly dividend on the
company's outstanding common shares.
    A regular quarterly dividend of 33 cents on each common share is payable
October 1, 1998, to shareholders of record on September 14, 1998.
    Cooper Industries, with 1997 revenues of $5.3 billion, is a diversified,
worldwide manufacturer of electrical products, tools and hardware, and
automotive products.  Additional information about Cooper is available on the
company's World Wide Web site: http://www.cooperindustries.com.