Eaton Increases Dividend by 11 Percent

  Eaton Increases Dividend by 11 Percent

Business Wire

DUBLIN -- February 27, 2013

The Board of Directors of diversified industrial manufacturer Eaton (NYSE:ETN)
today declared an 11 percent increase in the quarterly cash dividend from
$0.38 per common share to $0.42 per common share. The dividend is payable
March 22, 2013 to shareholders of record at the close of business on March 11,
2013.

Eaton estimates that the majority of the dividend will be treated as a return
of capital to U.S. shareholders. Additional information about the tax
treatment of the dividend is available at the investor relations page of the
Eaton website, www.Eaton.com. Eaton is required to file an IRS form indicating
the estimated percentage of the dividend to be treated as a return of capital
to U.S. shareholders after each quarterly cash dividend is paid. When filed,
the IRS form will also be available at the investor relations page of the
Eaton website.

Eaton has paid dividends on its common shares every year since 1923.

Eaton is a diversified power management company providing energy-efficient
solutions that help our customers effectively manage electrical, hydraulic and
mechanical power. With 2012 sales of $16.3 billion, Eaton is a global
technology leader in electrical products, systems and services for power
quality, distribution and control, power transmission, lighting and wiring
products; 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 acquired
Cooper Industries plc in 2012. Eaton has approximately 103,000 employees and
sells products to customers in more than 175 countries. For more information,
visit www.eaton.com.

Contact:

Eaton
Scott Schroeder, +1 440-523-5150
scottrschroeder@eaton.com
 
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