TB Wood's Corporation Declares Quarterly Dividend CHAMBERSBURG, Pa., April 15 /PRNewswire-FirstCall/ -- On April 14, 2004 the Board of Directors of TB Wood's Corporation declared a dividend of $.09 per share on its Common Stock, par value $.01 per share. The dividend is payable on April 30, 2004 to shareholders of record April 25, 2004. This is our thirty-third consecutive dividend since our initial public offering in February 1996. TB Wood's is an established designer, manufacturer, and marketer of electronic and mechanical industrial power transmission products which are sold to North American and international manufacturers and users of industrial equipment. Headquartered in Chambersburg, Pennsylvania, the Company operates production facilities in the United States, Mexico, Italy, Germany, and India. CONTACT: Joseph C. Horvath, Chief Financial Officer of TB Wood's, +1-717-264-7161, Extension 4465. DATASOURCE: TB Wood's Corporation CONTACT: Joseph C. Horvath, Chief Financial Officer of TB Wood's, +1-717-264-7161, Extension 4465 Web site: http://www.tbwoods.com/

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