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Cooper Industries' Board Declares Dividend

4 November 1998

Cooper Industries' Board Declares Dividend
    HOUSTON, Nov. 3 -- 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
January 4, 1999, to shareholders of record on December 4, 1998.
    Cooper Industries is a diversified, worldwide manufacturer of electrical
products, tools and hardware.  Additional information about Cooper is
available on the company's World Wide Web site: http://www.cooperindustries.com.