Date

July 1, 2008

Eaton To Announce Second Quarter 2008 Earnings On July 15; Live Webcast Scheduled For 10 A.M.

CLEVELAND … Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) will announce second quarter 2008 earnings on Tuesday, July 15, 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 second quarter 2008 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 icon on the right side of Eaton’s home page at the www.eaton.com Web site. The call replay and news release will also be available at the same site.

Eaton Corporation is a diversified power management company with 2007 sales of $13 billion and is a global technology leader in electrical systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has 81,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.

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Kelly Jasko
(216) 523-5304