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Press release from Business Wire

Eaton Quarterly Dividend Payable May 27, 2011

Wednesday, April 27, 2011

Eaton Quarterly Dividend Payable May 27, 201108:08 EDT Wednesday, April 27, 2011 CLEVELAND (Business Wire) -- The Board of Directors of diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today declared a quarterly dividend of $.34 per common share payable on May 27, 2011, to shareholders of record at the close of business on May 9, 2011. Eaton announced an increase in its dividend from $.29 to $.34 per common share on January 27, 2011. The company has paid dividends on common shares every year since 1923. Eaton Corporation is a diversified power management company with 2010 sales of $13.7 billion. Celebrating its 100th anniversary in 2011, Eaton is a global technology leader in electrical components and 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 approximately 70,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com. Eaton CorporationScott Schroeder, 216-523-5150scottrschroeder@eaton.com