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MARK IV DECLARES REGULAR QUARTERLY CASH DIVIDEND

AMHERST, N.Y., June 17, 1998 -- Mark IV Industries, Inc. (NYSE: IV) announced today that its Board of Directors has declared the company's regular quarterly cash dividend of five cents per share for the quarter ended August 31, 1998. The dividend will be payable on October 1, 1998, to shareholders of record at the close of business on September 18, 1998.

Mark IV Industries, Inc. is a $2.2 billion global manufacturing company headquartered in the Buffalo suburb of Amherst, New York, employing 17,000 people worldwide. The companys core technologies include power transmission, fluid transfer and filtration systems and components for global industrial and automotive markets.


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