The board of directors of Whirlpool Corporation at its regular meeting today in Chicago, declared a quarterly dividend of 34 cents per share on the company's common stock. The dividend is payable March 14, 2003, to shareholders of record at the close of business on February 28, 2003.

Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of over $11 billion. The company markets Whirlpool, KitchenAid, Brastemp, Bauknecht, Consul and other major brand names to consumers in more than 170 countries. Additional information about the company can be found on the Internet at Whirlpool.