WHITE PLAINS, N.Y., Feb. 9 /PRNewswire/ -- The Board of Directors of ITT
Industries, Inc. (NYSE: IIN) today declared a cash dividend of $0.15 per share
for the first quarter of 1999, payable April 1 to shareholders of record on
February 26, 1999.
ITT Industries, Inc. (http://www.ittind.com) is a global industrial manufacturing
company with leading positions in the markets that it serves, generating 1998
sales of $4.4 billion. ITT Industries is the world's largest producer of
pumps and also produces systems and services to move and control water and
other fluids. The company is a leading supplier of sophisticated military
defense systems, and provides advanced technical and operational services to a
broad range of government agencies. ITT Industries is a leading provider of
connectors, switches and cabling used in telecommunications, computing,
aerospace and industrial applications, as well as network services. Further,
ITT Industries provides industrial components for a number of other markets,
including transportation, construction and aerospace. Based in White Plains,
NY, ITT Industries employs approximately 34,000 people around the world.
ITT Industries' stock (IIN) is traded on the New York, Midwest, Pacific,
London, Frankfurt and Paris exchanges.
SOURCE ITT Industries, Inc.
Web site: http://www.ittind.com
CONTACT: Tom Glover of ITT Industries, 914-641-2160
NOTE TO EDITORS: ITT Industries and its subsidiaries' news
releases are available at no charge via fax and the Internet.
For ITT Industries news and information on the Internet, visit
http://www.ittind.com. To receive releases by fax, call
800-758-5804, extension 110006.