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Textron Declares Quarterly Dividend

28 October 1999

Textron Declares Quarterly Dividend

    PROVIDENCE, R.I.--Oct. 27, 1999--Textron's Board of Directors today declared a quarterly dividend of thirty-two and a half cents (32.5(cent)) per share on the company's Common Stock.
    The Board of Directors also declared a quarterly dividend of fifty-two cents (52(cent)) per share on Textron's $2.08 Cumulative Convertible Preferred Stock, Series A, and thirty-five cents (35(cent)) per share on the company's $1.40 Convertible Preferred Dividend Stock, Series B.
    All dividends will be paid on January 1, 2000 to holders of record at the close of business on December 10, 1999.
    Textron Inc. is a $11 billion, global, multi-industry company with market-leading businesses in Aircraft, Automotive, Industrial and Finance. Textron has a workforce of over 65,000 employees and major manufacturing facilities in 27 countries. Additional information is available at www.textron.com.