Dover Corrects Tabular Information In First Quarter Earnings - Market Segment Results

Business Wire, April 14, 1998

--(BUSINESS WIRE)--April 14, 1998--

In BW1144 (DOVER)(DOV) Dover Reports First Quarter Earnings, the tabular information under Market Segment Results should read as follows: (Please replace previous table with the following) -0-

                    DOVER CORPORATION CONSOLIDATED
                        MARKET SEGMENT RESULTS
                              (unaudited)


                             EARNINGS                  SALES
First quarter
 ended March 31, :      1998        1997           1998           1997

Dover Technologies $33,699,000 $36,629,000   $297,657,000  $ 259,466,000
Dover Industries    34,014,000  27,947,000    229,494,000    201,437,000
Dover Diversified   28,637,000  21,143,000    210,275,000    160,312,000
Dover Resources     32,046,000  24,846,000    194,301,000    171,398,000
Dover Elevator
 International      25,137,000  24,046,000    218,575,000    217,270,000
   Subtotal (after
    intramarket
     eliminations) 153,533,000 134,611,000 $1,148,584,000 $1,008,781,000

Corporate
 expense &
 interest net      (17,162,000)(13,975,000)
Earnings before
 taxes on
  income           136,371,000 120,636,000
Taxes on income     46,376,000  42,136,000
Net earnings       $89,995,000 $78,500,000

Earnings per share -
  Basic                  $0.40       $0.35
Earnings per share -
  Diluted                $0.40       $0.35

Average number of
 shares outstanding -
  Basic            222,775,000  225,128,000
Average number of
 shares outstanding -
  Diluted          224,822,000  227,082,000