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Tenneco Board Declares Fourth Quarter Dividend

13 October 1998

Tenneco Board Declares Fourth Quarter Dividend

    GREENWICH, Conn.--Oct. 13, 1998--Tenneco announced today that its board of directors has declared a regular fourth quarter dividend of 30 cents per share on its common stock. The dividend is payable on December 8, 1998 to shareowners of record at the close of business on November 27, 1998.
    Tenneco is an $8 billion global manufacturing company headquartered in Greenwich, Conn., with 50,000 employees worldwide. Tenneco Automotive is one of the world's largest producers and marketers of ride control and exhaust systems and products, which are sold under the Monroe(R) and Walker(R) global brand names. Among its products are Sensa-Trac(R) shocks and struts, Rancho(R) shock absorbers, Walker(R) Quiet-Flow(TM) mufflers and DynoMax(TM) performance exhaust products, and Monroe(R) Clevite(TM) vibration control components. Tenneco Packaging is among the world's leading and most diversified packaging companies. Among its products are Hefty(R) trash bags, Hefty OneZip(R) and Baggies(R) food storage bags, E-Z Foil(R) single-use aluminum cookware and Hexacomb(R) paper honeycomb products.
    For more information about Tenneco, visit the Tenneco website at http://www.tenneco.com.