PROXY CORNER: Franklin Electric Co. Inc.

Franklin Electric Co. Inc., 400 E. Spring St., Bluffton, 46714 (www.fele.com) designs, manufactures and distributes electric motors, electronic motor controls and related equipment. For the quarter ended July 1, the company reported net income of $16.4 million, or 70 cents per diluted share, on $163

million in revenue. That compares with net income of $13.5 million, or 59 cents per diluted share, on $124 million in revenue for the same period a year earlier. The company's shares trade on the NASDAQ under the ticker symbol FELE. Information for Proxy Comer was taken from Bloomberg News and from the company's proxy statement dated March 20, 2005.

NOTEWORTHY CONTROL

Select Equity Group Inc./

George S. Loening

Number of common shares: 3,348,924

Percentage of common shares: 14.82

Patricia Schaefer

Number of common shares: 2,000,084

Percentage of common shares: 8.85

Diane D. Humphrey

Number of common shares: 1,843,073

Percentage of common shares: 8.15

Wells Fargo Bank Minnesota, N.A.

Number of common shares: 1,787,494

Percentage of common shares: 7.91

T. Rowe Price Associates Inc.

Number of common shares; 1,585,500

Percentage of common shares: 7.02

EXECUTIVE COMPENSATION

(Table omitted)

DIRECTORS

Howard B. Witt

Age: 65

Occupation: Retired

Other directorships: Artisan Funds Inc.

Number of common shares: 94,685

Previous year: 95,133

David A. Roberts

Age: 58

Occupation: President and CEO of Graco Inc.

Number of common shares: 5,116

Previous year: 0

Jerome D. Brady

Age: 62

Occupation: Retired

Other directorships: Circor International Inc.

Number of common shares: 66,156

Previous year: 71,072

David M. Wathen

Age: 53

Occupation: President and CEO, Balfour Beatty Inc.

Number of common shares: 2,249

Previous year: N/A

Diane S. Ferguson

Age: 42

Occupation: Senior vice president, Sara Lee Corp.

Other directorships: Peoples Energy Corp.

Number of common shares: 4,916

Previous year: 0

Thomas L. Young

Age: 61

Occupation: President, Titus Holdings Ltd.

Other directorships: Manor Care Inc., Owens-Illinois Inc.

Number of common shares: 5,249

Previous year: N/A

R. Scott Trumbull

Age: 57

Occupation: Chairman, CEO of the company

Other directorships: Health Care REIT, Schneider National Inc.

Number of common shares: 250,912

Previous year: 237,790

All officers and directors as a group control 1,122,130 shares, or 4.83 percent, as opposed to 1,700,452 shares, or 7.33 percent, the previous year.