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EXHIBIT 99.1
SALES TRENDS:
Sales comparisons are presented to help investors understand the general tone of
Cooper's business. These include the impacts of acquisitions, divestitures,
currency movements, etc. and are not necessarily indicative of business trends.
Sales for the 90 days ending on the date shown, compared to the same period in
the prior year:
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05/31/00 06/30/00 07/31/00 08/31/00 09/30/00 10/31/00
<S> <C> <C> <C> <C> <C> <C>
Cooper Industries 15-20% 22% 20-25% 20-25% 17% 15-20%
Electrical Products 15-20% 28% 30-35% 25-30% 22% 20-25%
Tools & Hardware 0-5% 0% (0-5%) (0-5%) (4%) (0-5%)
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OBSERVATIONS ON RECENT SALES TRENDS FOR THE 90 DAY PERIOD ENDING OCTOBER 31,
2000.
ELECTRICAL PRODUCTS
Sales for the ninety days ending October 31, 2000 grew 15% - 20%, compared with
last year.
Fast pace of sales of electronic products continues at Cooper Bussmann as a
result of growing telecommunication applications and new product introductions.
Continued increases at Cooper Lighting are primarily the result of recent
acquisitions.
Cooper Power Systems continues to experience slowing construction-related
distribution transformer demand, offsetting rising sales of power management
products.
Energy sector project demand for the Company's electrical construction materials
remains weak.
Acquisitions provided an increase for Cooper Menvier and contributed to the
majority of the sales increase for the segment.
Currency transaction effects remain modestly negative.
TOOLS & HARDWARE
Sales for the ninety days ending October 31, 2000 declined 0%-5%, compared with
last year.
Improved demand in North America led to increased hand tool sales.
Power tool lines felt the effect of lighter shipping schedules for assembly
equipment, worldwide.
Currency translation effects reduced reported sales trends.
NOTE: Includes impacts of acquisitions and divestitures.
Sales trends are forward-looking statements as defined by The Private Litigation
Reform Act. Such statements are subject to many uncertainties and risks in the
company's operations and business environment. These uncertainties and risks,
which are discussed further in the company's Annual Report on Form 10-K and
other filings with the Securities and Exchange Commission (SEC), may cause the
actual results of the company to be materially different from any future results
expressed or implied by such forward-looking statements.
