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MascoTech, Inc. Announces Quarterly Dividend

5 October 1999

MascoTech, Inc. Announces Quarterly Dividend

    TAYLOR, Mich., Oct. 5 -- MascoTech, Inc. announced that its
Board of Directors has declared a quarterly cash dividend to $.08 per common
share.  The dividend is payable on November 15, 1999 to shareholders of record
on October 15, 1999.
    MascoTech, Inc. is a diversified industrial products company
with world-leading metal forming process capabilities committed to creating
value for our shareholders and customers.  We believe we are one of the
premier industrial growth companies in the world with annual sales of
$1.6 billion.  Our vision is to accelerate balanced growth while achieving
superior profits and exceptional cash flow.
    Press releases are available through Company News on-Call by fax,
800-758-5804, extension 535375, or http://www.prnewswire.com.  MascoTech's
press releases and other information are available through their new toll-free
number, 1-800-474-8324.  Visit Mascotech's website at
http://www.mascotech.com.