Cooper Industries' Board Declares Dividend

4 August 1999

Cooper Industries' Board Declares Dividend COOPER INDUSTRIES LOGO Cooper Industries' logo. (PRNewsFoto)[DM] HOUSTON, TX USA 05/13/1999

    HOUSTON, Aug. 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
October 1, 1999, to shareholders of record on September 15, 1999.
    Cooper Industries, with 1998 revenues of $3.7 billion, is a worldwide
manufacturer of electrical products, tools and hardware.  Additional
information about Cooper is available on the company's Internet site:
http://www.cooperindustries.com.
    Contact:  John Breed of Cooper Industries, Inc., 713-209-8835.