Parker Hannifin Corporation: Parker Declares Quarterly Cash Dividend

     Parker Hannifin Corporation: Parker Declares Quarterly Cash Dividend

CLEVELAND, October 23, 2013 - 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 45 cents
per share of common stock to shareholders of record as of November 8, 2013.
The dividend is payable December 6, 2013.

This is the company's 254^th consecutive quarterly dividend and results in a
total distribution to shareholders of approximately $67 million. Parker has
increased its annual dividends paid to shareholders for 57 consecutive fiscal
years, among the top five longest-running dividend-increase records in the S&P
500 Index.

With annual sales of $13 billion in fiscal year 2013, 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
58,000 people in 49 countries around the world. Parker has increased its
annual dividends paid to shareholders for 57 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.com, or its
investor information web site at www.phstock.com.

Contact:
Media -
Aidan Gormley, Director, Corporate Communications
216/896-3258
aidan.gormley@parker.com

Financial Analysts -
Pamela Huggins, Vice President & Treasurer
216/896-2240
phuggins@parker.com

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Source: Parker Hannifin Corporation via Thomson Reuters ONE
HUG#1737718
 
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