ITT Corporation

ITT Industries Declares $0.15 Per Share First Quarter Dividend


        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. ( 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:
    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 To receive releases by fax, call
    800-758-5804, extension 110006.

About ITT

ITT is a diversified leading manufacturer of highly engineered critical components and customized technology solutions for the transportation, industrial, and oil and gas markets. Building on its heritage of innovation, ITT partners with its customers to deliver enduring solutions to the key industries that underpin our modern way of life. ITT is headquartered in White Plains, N.Y., with employees in more than 35 countries and sales in a total of approximately 125 countries. The company generated 2016 revenues of $2.4 billion.


Jason Moss
tel +1 914-641-2030


Laurent Lawrence
tel +1 914-304-1809