Market Overview

Eaton Declares Quarterly Dividend Payable August 17, 2018

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The Board of Directors of power management company Eaton (NYSE:ETN)
today declared a quarterly dividend of $0.66 per ordinary share. The
dividend is payable August 17, 2018 to shareholders of record at the
close of business on August 3, 2018.

For U.S. tax purposes, Eaton estimates that all of the 2018 dividend
will be treated as a return of capital to shareholders, to the extent of
the shareholder's tax basis in the shares. Additional information about
the tax treatment of the dividend, including actual return of capital
information for 2017, is available at the investor relations page of the
Eaton website, www.Eaton.com.

Eaton has paid dividends on its shares every year since 1923.

Eaton is a power management company with 2017 sales of $20.4 billion. We
provide energy-efficient solutions that help our customers effectively
manage electrical, hydraulic and mechanical power more efficiently,
safely and sustainably. Eaton is dedicated to improving the quality of
life and the environment through the use of power management
technologies and services. Eaton has approximately 96,000 employees and
sells products to customers in more than 175 countries. For more
information, visit Eaton.com.

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