American Standard Reports Record First Quarter Earnings, Up 10 Percent - Clarification to editors

Apr 19, 2001, 01:00 ET from American Standard Companies, Inc.

    PISCATAWAY, N.J., April 19 /PRNewswire/ -- American Standard Companies
 Inc. (NYSE:   ASD) today clarified the information it provided earlier on its
 outlook for the second quarter of 2001.  A question was raised about the
 meaning of the quotation in American Standard's earnings release that reads,
 "Given the economic climate, our financial performance in the second quarter
 should be comparable to the first."  It means that the company expects to
 achieve a comparable year-over-year earnings growth improvement in the second
 quarter.  In other words, the company achieved a 10 percent diluted earnings
 per share improvement in first quarter 2001 over first quarter 2000.  In
 second quarter 2001, the company also expects to achieve about a 10 percent
 improvement in diluted earnings per share over second quarter 2000 diluted
 earnings per share.  In the second quarter of 2000, American Standard diluted
 earnings per share were $1.48.
 
     For more information, reporters can call Lisa Glover, 732 980-6048 or
 Shelly London, 732 980-6175.
 
 

SOURCE American Standard Companies, Inc.
    PISCATAWAY, N.J., April 19 /PRNewswire/ -- American Standard Companies
 Inc. (NYSE:   ASD) today clarified the information it provided earlier on its
 outlook for the second quarter of 2001.  A question was raised about the
 meaning of the quotation in American Standard's earnings release that reads,
 "Given the economic climate, our financial performance in the second quarter
 should be comparable to the first."  It means that the company expects to
 achieve a comparable year-over-year earnings growth improvement in the second
 quarter.  In other words, the company achieved a 10 percent diluted earnings
 per share improvement in first quarter 2001 over first quarter 2000.  In
 second quarter 2001, the company also expects to achieve about a 10 percent
 improvement in diluted earnings per share over second quarter 2000 diluted
 earnings per share.  In the second quarter of 2000, American Standard diluted
 earnings per share were $1.48.
 
     For more information, reporters can call Lisa Glover, 732 980-6048 or
 Shelly London, 732 980-6175.
 
 SOURCE  American Standard Companies, Inc.