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ITW Reports 8 Percent Growth in Operating Revenues
June 15, 2006
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GLENVIEW, IL -- Illinois Tool Works Inc. (ITW) has reported an operating revenue increase of 8 percent for the three months ending May 31. Operating revenues for the three month period consisted of 5 percent growth from base revenues and a 7 percent increase from acquisitions. Other items, which primarily include currency translation lowered revenues 4 percent in the period. Base revenue growth continued to benefit from strong demand from North America end markets, especially those served by the company's specialty systems business units.

After two months of actual results, the company continues to forecast a second quarter earnings range of 76 cents to 79 cents. For full-year 2006, the company also continues to forecast a range of earnings of $2.94 to $3.04. Both forecasted earnings ranges reflect ITW's two-for-one stock split which was effective last month. For the second quarter, base revenues are expected to grow in a range of 4.2 percent to 6.2 percent. For the full-year, base revenues are forecasted to grow in a range of 4.6 percent to 6 percent.

For more information about ITW, go to: www.itw.com .

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