Date: January 8, 2008

Eaton To Announce Fourth Quarter And Full Year 2007 Earnings On January 22; Live Webcast Scheduled For 10 a.m.

CLEVELAND … Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) will announce fourth quarter and full-year 2007 earnings on Tuesday, January 22, before the opening of the New York Stock Exchange. The company will host a conference call at 10 a.m. Eastern time that day to discuss fourth quarter and 2007 earnings results with securities analysts and institutional investors.

The call will be available to interested listeners through a live audio webcast that can be accessed by clicking on the microphone on the right side of Eaton’s home page at the Web site. The call replay will be available at the same site. The earnings news release will also be accessible on Eaton’s Web site.

Eaton Corporation is a diversified industrial manufacturer with 2006 sales of $12.4 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 63,000 employees and sells products to customers in more than 140 countries.

Contact: Kelly Jasko
(216) 523-5304