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RPM Appoints William B. Summers, Jr. to Board of Directors to Succeed E. Bradley Jones

MEDINA, Ohio, July 22 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced today that it appointed William B. Summers, Jr. to Class III of the company's board of directors, which expires in 2005, at which time he will stand for re-election by the company's stockholders. Mr. Summers (54) succeeds E. Bradley Jones (75), who announced his retirement. Mr. Summers will serve on the company's Audit Committee.

(Photo: http://www.newscom.com/cgi-bin/prnh/20040722/CLTH090 )

(Logo: http://www.newscom.com/cgi-bin/prnh/20010126/RPMLOGO )

William B. Summers, Jr. is currently chairman of McDonald Investments Inc., joining the investment firm 33 years ago. He is a member of the board of executives of the New York Stock Exchange, and serves on the board of directors of Developers Diversified Realty Inc.; Wilson Greatbatch Technologies, Inc.; and the advisory board of Molded Fiber Glass Companies. From 1989-1992, he was on the board of governors of the National Association of Securities Dealers, serving as its chairman in 1991. He was also a member of the NASDAQ Stock Market board of directors from 1992-1994, serving as its chairman in 1994.

"Bill Summers is a noted business leader with a deep understanding of the financial markets," said Frank C. Sullivan, president and chief executive officer. "We are very pleased to have an individual with Bill Summers' depth of experience and knowledge join our board. Bill will add to the strong ethics and oversight that has long been a hallmark of RPM's corporate governance, and will be a great advocate for our shareholders."

Mr. Summers was appointed to replace E. Bradley Jones, who announced his retirement from the board after serving for 14 years. "Brad has been an instrumental advisor and valuable member of the RPM board, having been part of our growth from $500 million to more than $2 billion," Sullivan said, "and we appreciate his many contributions to RPM during that time. On behalf of the board and the entire management team, I would like to thank Brad Jones for his loyal service, invaluable counsel and many contributions to RPM over the years."

RPM International Inc., a holding company, owns subsidiaries that are world leaders 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. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement, automotive and boat repair and maintenance, and by hobbyists. Leading industrial brands include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane, Bondo and Testors.

For more information, contact Glenn R. Hasman, Vice President of Finance and Communications, at 330-273-8820 or ghasman@rpminc.com.

SOURCE RPM International Inc.
CONTACT: Glenn R. Hasman, Vice President of Finance and Communications of RPM International Inc., +1-330-273-8820, or ghasman@rpminc.com


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