ASD Amer Standard CO

PISCATAWAY, N.J., Oct. 5 /PRNewswire-FirstCall/ -- The board of directors of American Standard Companies Inc. (NYSE:ASD) yesterday declared a quarterly dividend of 16 cents per share of common stock. The dividend is payable on Dec. 20, 2007, to shareholders of record on Dec. 3, 2007. On Feb. 1, American Standard Companies announced plans to separate its three businesses. Since then, the company completed the spinoff of its vehicle control systems business as an independent company known as WABCO (NYSE:WBC). The company also agreed to sell its bath and kitchen business to funds advised by Bain Capital Partners, LLC, and expects to complete the sale in the fourth quarter. To reflect its focus on the air conditioning systems and services business, the company plans to change its name to Trane. In 2006, air conditioning systems and services, sold under the Trane(R) and American Standard(R) brands, generated revenues of $6.8 billion with 29,000 employees. Additional information is available at http://www.americanstandard.com/. DATASOURCE: American Standard Companies Inc. CONTACT: Skip Colcord, +1-732-980-3065, , or Shelly London, +1-732-980-6175, , or investors and financial analysts contact, Bruce Fisher, +1-732-980-6095, , all of American Standard Companies Inc. Web site: http://www.americanstandard.com/

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