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Parker Hannifin Declares Cash Dividend

9 April 1999

Parker Hannifin Declares Cash Dividend

    CLEVELAND--April 8, 1999--The Board of Directors of Parker Hannifin Corporation today declared a regular quarterly cash dividend of $0.17 per share of common stock payable June 4, 1999, to shareholders of record as of May 20.
    This is Parker's 195th consecutive quarterly dividend and involves a distribution of $18.4 million. Parker has increased its dividend for 42 fiscal years.
    Parker is a leading diversified manufacturer of motion, control, instrumentation and fluid flow components and systems for hundreds of industrial and aerospace markets. For more information about Parker, visit the Company's Web site at www.parker.com.