Date: April 25, 2007

CLEVELAND … Diversified industrial manufacturer Eaton Corporation's (NYSE:ETN) Board of Directors today declared a regular quarterly dividend of $.43 per common share, payable on May 25, 2007, to shareholders of record at the close of business on May 7, 2007.

In January of this year, Eaton announced a quarterly dividend increase of 10 percent from $.39 to $.43 per share. Eaton has paid dividends on common shares every year since 1923.

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 61,000 employees and sells products to customers in more than 125 countries.

Contacts:

Kelly Jasko (216) 523-5304 (Media Relations)

William C. Hartman (216) 523-4501 (Investor Relations)