CLEVELAND, OH.... Eaton Corporation's Board of Directors today declared a regular quarterly dividend of $.44 per common share, payable on August 25 to shareholders of record on August 4, 1997. Eaton has paid dividends on common shares annually since 1923.

Eaton Corporation is a global manufacturer of highly engineered products which serve industrial, vehicle, construction, commercial and aerospace markets. Principal products include electrical power distribution and control equipment, truck transmissions and axles, engine components, hydraulic products, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 55,000 employees and 155 manufacturing sites in 26 countries around the world. Sales for 1996 were $7 billion.