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RPM Prices $142.5 Million Public Equity Offering

MEDINA, Ohio, March 26 /PRNewswire-FirstCall/ -- RPM, Inc. (NYSE: RPM) today announced that it has priced a public offering of 10.0 million shares of its common stock at a price of $14.25 per share. All of the shares were offered by RPM, Inc. In addition, the Company has granted the underwriters an option to purchase an additional 1.5 million shares of common stock to cover over-allotments, if any.

J.P. Morgan Securities Inc. and Lehman Brothers Inc. are acting as joint bookrunners of the offering. Merrill Lynch & Co., Robert W. Baird & Co. and McDonald Investments Inc. are acting as co-managers. The offering is expected to close on April 2, 2002. Information about this offering is available in the prospectus filed with the Securities and Exchange Commission.

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

RPM, Inc. is a world leader in specialty coatings serving both industrial and consumer markets. RPM's industrial products include roofing systems, sealants, corrosion control coatings, flooring coatings and specialty chemicals. Its consumer products are used by professionals and do-it-yourselfers for home, automotive and boat maintenance and by hobbyists. Industrial brands include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Flecto, Bondo and Testor.

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SOURCE RPM, Inc.

-0- 03/26/2002

/CONTACT: Glenn R. Hasman, vice president - finance and communications for RPM, +1-330-273-8820./

/Company News On-Call: http://www.prnewswire.com/comp/765075.html/

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