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Tenneco Board Declares First Quarter Dividend

12 January 1999

Tenneco Board Declares First Quarter Dividend

    GREENWICH, Conn.--Jan. 12, 1999--Tenneco announced today that its board of directors has declared a regular first quarter dividend of 30 cents per share on its common stock. The dividend is payable on March 9, 1999 to shareowners of record at the close of business on February 26, 1999.
    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.