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Cooper Industries Announces Completion of Eurobonds COOPER INDUSTRIES LOGO Cooper Industries' logo. (PRNewsFoto)[DM] HOUSTON, TX USA 05/13/1999    

25 October 2000

Cooper Industries Announces Completion of Eurobonds COOPER INDUSTRIES LOGO Cooper Industries' logo. (PRNewsFoto)[DM] HOUSTON, TX USA 05/13/1999    

    HOUSTON, Oct. 25 Cooper Industries, Inc. today
announced that it has completed the issuance of EUR300 million of five-year
bonds.  The bonds, which will mature on October 25, 2005, were sold to
investors at par and have a 6.25 percent coupon that will be paid annually.
The funds raised from the bonds will be used to pay down short-term debt.
    Cooper Industries, with 1999 revenues of $3.9 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.