News Releases

Mark IV Increases Cash Dividend 25 Percent

AMHERST, N.Y., March 2, 1998 -- Mark IV Industries, Inc. (NYSE: IV) announced today that its Board of Directors has approved a 25 percent increase in the companys cash dividend to 20 cents per share annually, or five cents per share per quarter, from the current four cents, or 16 cents per year.

In addition, the Board declared the companys regular quarterly cash dividend, at the new rate, for the quarter ended February 28, 1998. The dividend will be paid on April 1, 1998, to shareholders of record at the close of business on March 21, 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 company's core technologies include power transmission, fluid transfer and filtration systems and components for global industrial and automotive markets.

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