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Parker Hannifin Declares Cash Dividend

9 July 1999

Parker Hannifin Declares Cash Dividend

    CLEVELAND--July 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 September 3, 1999, to shareholders of record as of August 24.
    This is Parker's 196th consecutive quarterly dividend and involves a distribution of $18.5 million. Parker has increased its dividend for 43 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, visit the Company Web site at www.parker.com.