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RPM Increases Cash Dividend for 31st Consecutive Year

     - Stockholders Re-elect Four Directors at Annual Meeting

     - Stockholders Approve and Adopt Incentive Plans

MEDINA, Ohio, Oct. 8 /PRNewswire-FirstCall/ -- RPM International Inc. (NYSE: RPM) announced today at its annual meeting of stockholders that its Board of Directors declared a quarterly cash dividend of $0.15 per common share, a 7 percent increase from the previous $0.14 per common share. This represents RPM's 31st consecutive year of cash dividend increases, placing RPM in an elite category shared by only 3 percent of all U.S. listed dividend- paying companies that have increased dividends for 10 or more consecutive years. The dividend will be payable October 29, 2004, to stockholders of record as of October 18, 2004. At a share price of $17.50, RPM's new dividend yield would be 3.4 percent.

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RPM also announced that stockholders re-elected four Class I directors to three-year terms expiring in 2007. Directors re-elected were: Edward B. Brandon, William A. Papenbrock, Frank C. Sullivan and Thomas C. Sullivan.

In addition, stockholders approved and adopted the RPM International Inc. 2004 Omnibus Equity and Incentive Plan, and approved and adopted Amendment No. 2 to the RPM International Inc. Incentive Compensation Plan, which increases the aggregate bonus award pool from 1.3 percent to 1.5 percent of the company's pre-tax income.

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. Industrial brands include Stonhard, Tremco, Carboline, Day-Glo, Euco and Dryvit. 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. 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 .

SOURCE  RPM International Inc.
    -0-                             10/08/2004
    /CONTACT:  Glenn R. Hasman, vice president of finance and communications
of RPM International Inc., +1-330-273-8820, or /
             AP Archive:
             PRN Photo Desk,
    /Web site:

CO:  RPM International Inc.
ST:  Ohio

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8399 10/08/2004 14:30 EDT

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