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EXHIBIT 99
PRESS RELEASE, NOVEMBER 10, 2000
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IMMEDIATE-- Kelly McGrail 312/706-3281
OIL-DRI ANNOUNCES NEW ROLE FOR CHAIRMAN
CHICAGO -- November 10, 2000 Oil-Dri Corporation of America (ODC - NYSE)
announced today that Richard M. Jaffee, Chairman, who will turn 65 in
January, 2001, will retire as an employee of the company effective February
1, 2001. Mr. Jaffee will remain Chairman of the Board and will continue to
provide counsel to the company on a consulting basis beginning February 1,
2001 and running to February 1, 2006.
Mr. Jaffee began his career at Oil-Dri in 1958 when it was a distributor of
industrial oil and grease absorbents with $1,000,000 in sales. Today, the
company has sales of $175,000,000, serves a variety of diverse markets and
employs approximately 800 people worldwide.
"We have an outstanding management team led by Dan Jaffee, President and
Chief Executive Officer. I have complete confidence that this group will
successfully lead Oil-Dri into the new century. I look forward to continuing
my service on the board of directors and working with the management team on
strategic issues."
Oil-Dri is the world's largest manufacturer of cat litters and a leading
supplier of specialty sorbent products for industrial, automotive,
agricultural, sports field and fluids purification markets.
