Parker Declares Quarterly Cash Dividend

                   Parker Declares Quarterly Cash Dividend

PR Newswire

CLEVELAND, Oct. 24, 2012

CLEVELAND, Oct. 24, 2012 /PRNewswire/ --Parker Hannifin Corporation (NYSE:
PH), the global leader in motion and control technologies, today announced
that its Board of Directors has declared a regular quarterly cash dividend of
41 cents per share of common stock to shareholders of record as of November 9,
2012. The dividend is payable December 7, 2012.

(Logo: http://photos.prnewswire.com/prnh/19990816/PHLOGO)

This is the company's 250th consecutive quarterly dividend and results in a
total distribution to shareholders of approximately $61 million. Parker has
increased its annual dividends paid to shareholders for 56 consecutive fiscal
years, among the top five longest-running dividend-increase records in the S&P
500 Index.

With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin
is the world's leading diversified manufacturer of motion and control
technologies and systems, providing precision-engineered solutions for a wide
variety of mobile, industrial and aerospace markets. The company employs
approximately 60,000 people in 48 countries around the world. Parker has
increased its annual dividends paid to shareholders for 56 consecutive fiscal
years, among the top five longest-running dividend-increase records in the S&P
500 index. For more information, visit the company's web site at
www.parker.comor its investor information web site at www.phstock.com.

SOURCE Parker Hannifin Corporation

Website: http://www.phstock.com
Contact: Media - Aidan Gormley, Director, Corporate Communications,
+1-216-896-3258, aidan.gormley@parker.com; Financial Analysts - Pamela
Huggins, Vice President & Treasurer, +1-216-896-2240, phuggins@parker.com
 
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