Eaton Vice President announcesretirement.

CLEVELAND--(BUSINESS WIRE)--Feb. 3, 1997--Ronald L. Leach, Vice President-Accounting for 15 years and a 26-year Eaton employee, announced today that he will retire March 31, 1997.

Leach, 62, began his career with Eaton in Cleveland in 1970 as Assistant to the Vice President and Controller.

"Ron has set the standard for profts." Dillon also noted that Leach served on the Committee on Corporate Reporting of the Financial Executives Institute. "He has had a long and important influence on the evolution of accounting standards and practice across the nation."

Leach maintained active memberships in the Financial Executives Institute, the FEI Committee on Cocturer of highly engineered products which serve vehicle, industrial, construction, commercial and aerospace markets. Principal products include truck transmissions and axles, engine components, hydraulic products, electrical power distribution and control equipment, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 54,000 employees and 155 manufacturing sites in 26 countries around the world. Sales for 1996 were $7 billion.

CONTACT: Eaton Corporation, Cleveland

Renald M. Romain, 216/523-4736