---

SPX Increases 2000 EPS Guidance to $5.90 per Share

8 May 2000

SPX Corporation Increases 2000 EPS Guidance to $5.90 per Share

    MUSKEGON, Mich., May 8 SPX Corporation today
announced that it is increasing its earnings per share guidance for the year
from $5.80 to $5.90 per share before unusual items.  The $5.90 per share is a
17% improvement over 1999 earnings per share of $5.06.
    Commenting on today's announcement, John B. Blystone, Chairman, President
and Chief Executive Officer said, "After reporting strong first quarter
results, we are increasing our EPS guidance for the year by $0.10 per share.
Expected revenue growth of 10% for the year including acquisitions, combined
with continuing improvement in operating margins and strong performance by the
businesses in the Technical Products and Systems segment support today's
change in our EPS guidance."
    The company is making a presentation today at the 2000 Spring Conference
of the Electrical Products Group.