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Whirlpool Corporation News

Whirlpool Corporation Declares Quarterly Dividend; Holds Annual Shareholders' Meeting

BENTON HARBOR, Mich., April 15 PRNewswire-FirstCall — The board of directors of Whirlpool Corporation (NYSE: WHR) today declared a quarterly dividend of 43 cents per share on the company's common stock. The dividend is payable June 15, 2008, to shareholders of record at the close of business on May 23, 2008.

Annual Meeting of Shareholders

Whirlpool Corporation today held its annual shareholders' meeting. Whirlpool shareholders re-elected four individuals to the board of directors. Herman Cain, Jeff M. Fettig, Miles L. Marsh, and Paul G. Stern were returned to the board for three-year terms, expiring in 2011. Cain is chief executive officer and president of THE New Voice, Inc.; Fettig is chairman of the board and chief executive officer of Whirlpool Corporation; Marsh is former chairman of the board and chief executive officer of Fort James Corporation; and Stern is a partner of Arlington Capital Partners, L.L.P. and Thayer Capital Partners, L.L.P., and chairman of Claris Capital Partners. Shareholders also voted to approve two nonbinding shareholder proposals.

About Whirlpool Corporation

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of approximately $19 billion, 73,000 employees, and 72 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world. Additional information about the company can be found at http://www.whirlpoolcorp.com.

SOURCE Whirlpool Corporation

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