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Standard Products Declares Regular Quarterly Dividend

16 March 1999

Standard Products Declares Regular Quarterly Dividend 
    CLEVELAND, March 16 -- Directors of The Standard Products Co.
today declared a regular quarterly dividend of $.18 per share,
payable April 23, 1999 to shareholders of record April 9, 1999.
    Standard Products produces highly engineered polymer-based products and
systems on a global basis for the automotive, appliance and construction
industries.  More information may be found on the Internet at
http://www.standardproducts.com.