Whirlpool Corporation Increases Quarterly Dividend 25% Based On Strong Financial Position

    Whirlpool Corporation Increases Quarterly Dividend 25% Based On Strong
                              Financial Position

PR Newswire

BENTON HARBOR, Mich., April 16, 2013

BENTON HARBOR, Mich., April 16, 2013 /PRNewswire/ -- The board of directors of
Whirlpool Corporation (NYSE:WHR) declared today a 25 percent increase in the
quarterly dividend on the company's common stock to 62.5 cents per share from
50 cents per share. The dividend is payable June 15, 2013, to stockholders of
record at the close of business on May 17, 2013.

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"Our actions have delivered a strong financial position enabling us to enhance
returns to shareholders through a dividend increase," said Jeff M. Fettig,
chairman and chief executive officer of Whirlpool Corporation. "This dividend
increase underscores our confidence that our long-term growth and innovation
strategy will continue to create value for our shareholders."

About Whirlpool Corporation

Whirlpool Corporation is the world's leading manufacturer and marketer of
major home appliances, with annual sales of approximately $18 billion in 2012,
68,000 employees, and 65 manufacturing and technology research centers around
the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air,
Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in
nearly every country around the world. Additional information about the
company can be found at http://www.whirlpoolcorp.com.

Whirlpool Additional Information

This document contains forward-looking statements aboutWhirlpool
Corporationand its consolidated subsidiaries ("Whirlpool") that speak only as
of this date. Whirlpool disclaims any obligation to update these statements.
Forward-looking statements in this document may include, but are not limited
to, statements regarding expected earnings per share, cash flow, productivity
and material and oil-related prices. Many risks, contingencies and
uncertainties could cause actual results to differ materially from Whirlpool's
forward-looking statements. Among these factors are: (1) intense competition
in the home appliance industry reflecting the impact of both new and
established global competitors, including Asian and European manufacturers;
(2) Whirlpool's ability to continue its relationship with significant trade
customers and the ability of these trade customers to maintain or increase
market share; (3) changes in economic conditions which affect demand for our
products, including the strength of the building industry and the level of
interest rates; (4) inventory and other asset risk; (5) global, political
and/or economic uncertainty and disruptions, especially in Whirlpool's
significant geographic regions, including uncertainty and disruptions arising
from natural disasters or terrorist attacks; (6) The impact of the European
debt crisis; (7) the ability of Whirlpool to achieve its business plans,
productivity improvements, cost control, price increases, leveraging of its
global operating platform, and acceleration of the rate of innovation; (8)
fluctuations in the cost of key materials (including steel, oil, plastic,
resins, copper and aluminum) and components and the ability of Whirlpool to
offset cost increases; (9) litigation, tax and legal compliance risk and
costs, especially costs which may be materially different from the amount we
expect to incur or have accrued for; (10) product liability and product
recall costs; (11) the effects and costs of governmental investigations or
related actions by third parties; (12) Whirlpool's ability to obtain and
protect intellectual property rights; (13) the ability of suppliers of
critical parts, components and manufacturing equipment to deliver sufficient
quantities to Whirlpool in a timely and cost-effective manner; (14) health
care cost trends, regulatory changes and variations between results and
estimates that could increase future funding obligations for pension and post
retirement benefit plans; (15) information technology system failures and
data security breaches; (16) the impact of labor relations; (17) our ability
to attract, develop and retain executives and other qualified employees; (18)
changes in the legal and regulatory environment including environmental and
health and safety regulations; and (19) the ability of Whirlpool to manage
foreign currency fluctuations. Additional information concerning these and
other factors can be found inWhirlpool Corporation's filings with
theSecurities and Exchange Commission, including the most recent annual
report on Form 10-K, quarterly reports on Form 10-Q, and current reports on
Form 8-K.

SOURCE Whirlpool Corporation

Website: http://www.whirlpoolcorp.com
Contact: Whirlpool Corporation, Media: 269/923-7405, Media@Whirlpool.com,
Financial: Joseph Lovechio, 269/923-2641, Investor_Relations@Whirlpool.com
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