Franklin Electric Declares Payment of Quarterly Cash Dividend on Common Stock

Apr 20, 2001, 01:00 ET from Franklin Electric Co., Inc.

    BLUFFTON, Ind., April 20 /PRNewswire Interactive News Release/ -- William
 H. Lawson, Chairman and Chief Executive Officer of Franklin Electric Co., Inc.
 (Nasdaq:   FELE), announced today that the Board of Directors declared a
 quarterly cash dividend of twenty four cents per share, an increase of two
 cents per share over the previous dividend, payable May 25, 2001 to
 shareowners of record on May 11, 2001.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000223/FRANKLOGO )
     Franklin Electric is the world's largest manufacturer of submersible water
 and fueling systems motors, a leading producer of fueling systems products,
 and a supplier of industrial motor products and electronic controls.
     "Safe Harbor" Statement under the Private Securities Litigation Reform Act
 of 1995.  Any forward looking statements contained herein involve risks and
 uncertainties, including but not limited to, general economic and currency
 conditions, various conditions specific to the Company's business and
 industry, market demand, competitive factors, supply constraints, technology
 factors, government and regulatory actions, the Company's accounting policies,
 future trends, and other risks which are detailed in the Company's Securities
 and Exchange Commission filings.  These risks and uncertainties may cause
 actual results to differ materially from those indicated by the forward-
 looking statements.
 
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SOURCE Franklin Electric Co., Inc.
    BLUFFTON, Ind., April 20 /PRNewswire Interactive News Release/ -- William
 H. Lawson, Chairman and Chief Executive Officer of Franklin Electric Co., Inc.
 (Nasdaq:   FELE), announced today that the Board of Directors declared a
 quarterly cash dividend of twenty four cents per share, an increase of two
 cents per share over the previous dividend, payable May 25, 2001 to
 shareowners of record on May 11, 2001.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20000223/FRANKLOGO )
     Franklin Electric is the world's largest manufacturer of submersible water
 and fueling systems motors, a leading producer of fueling systems products,
 and a supplier of industrial motor products and electronic controls.
     "Safe Harbor" Statement under the Private Securities Litigation Reform Act
 of 1995.  Any forward looking statements contained herein involve risks and
 uncertainties, including but not limited to, general economic and currency
 conditions, various conditions specific to the Company's business and
 industry, market demand, competitive factors, supply constraints, technology
 factors, government and regulatory actions, the Company's accounting policies,
 future trends, and other risks which are detailed in the Company's Securities
 and Exchange Commission filings.  These risks and uncertainties may cause
 actual results to differ materially from those indicated by the forward-
 looking statements.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X65713267
 
 SOURCE  Franklin Electric Co., Inc.