WHITE PLAINS, N.Y., May 13 /PRNewswire/ -- The Board of Directors of ITT
Industries, Inc. (NYSE: IIN) today declared a cash dividend of $0.15 per share
for the second quarter of 1999, payable July 1, 1999, to shareholders of
record on May 28, 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 global sales of $4.5 billion. ITT Industries is the world's
premier and largest producer of pumps and produces other systems and services
to move and control fluids. The company is also 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
33,000 people around the world.
ITT Industries' stock is traded on the New York, Midwest, Pacific, London,
Frankfurt and Paris exchanges.
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.
SOURCE ITT Industries, Inc.
Web site: http://www.ittind.com
CONTACT: Tom Glover of ITT Industries, Inc., 914-641-2160,