The Stanley Works Announces 1st Quarter Dividend

NEW BRITAIN, Conn., Feb. 21 /PRNewswire-FirstCall/ — The Stanley Works announced today that its Board of Directors approved a regular first quarter cash dividend of $.30 per common share. The dividend is payable on Tuesday, March 27, 2007 to shareowners of record on Wednesday, March 7, 2007.

John F. Lundgren, Chairman and Chief Executive Officer, said: “Our business delivered strong earnings and cash flows again in 2006. This enables us to fund our dividend — an important element of total shareowner return — while simultaneously investing in our business operations. This is the 448th consecutive quarter in which Stanley has paid a cash dividend. We are truly proud of our long dividend history and of extending that record.”

The Stanley Works, an S&P 500 company, is a worldwide supplier of tools, hardware and security solutions for professional, industrial and consumer use.

   Contact:   Gerry Gould              VP, Investor Relations              (860) 827-3833              ggould@stanleyworks.com   

The Stanley Works corporate press releases are available in the Investor Relations section of the company’s Internet web site at http://www.stanleyworks.com/.

The Stanley Works

CONTACT: Gerry Gould, VP, Investor Relations of The Stanley Works,+1-860-827-3833, ggould@stanleyworks.com

Web site: http://www.stanleyworks.com/

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