Stanley Works

1000 Stanley Drive
New Britain, Conn. 06053
860-225.5111; fax: 860-827-3895
e-mail: ggould@stanleyworks.com

Stanley Works, parent of Bostich in East Greenwich, is a worldwide
producer of tools and door products. For the quarter that ended March 31, the
company reported net sales of $626.2 million, down 10 percent from the same period
a year ago, and net income of $46.6 million, down 3 percent from a year ago. In
April, the company completed its acquisition of Contact East, Inc., a business-to-business
distributor of mission-critical tools and supplies for assembling, testing and
repairing electronics.

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Stock Information
Exchange: NYSE
Symbol: SWK
Annual meeting: April 18, 2001
Shares of common stock outstanding as of June 22, 2001: 85,400,000
Stock price as of Friday, June 22, 2001: $41.28
Market value as of Friday, June 22, 2001: $3,525,312,000
12-month high stock price: $41.54
12-month low stock price: $18.44

Operating Results
(dollars in millions, except per share data)

Directors

John Breen, 66, director since 2000, chief executive officer of Sherman
Williams Co.. Shares: 849

John Opie, 63, director since 2000, retired vice chairman of General Electric
Co. Shares: 2,677

Hugo E. Uyterhoeven, 69, director since 1975, Timken professor of Business
Administration Emeritus Graduate School of Business Administration, Harvard University.
Shares: 31,281

Stillman B. Brown, 67, director since 1985, managing partner, Harcott Associates.
Shares: 50,500 Mannie L. Jackson, 61, director since 1995, majority owner and
chairman of Harlem Globetrotters International, Inc. Shares: 19,860

Kathryn D. Wriston, 62, director since 1996, trustee of the John A. Hartford
Foundation. Shares; 19,500

Eileen S. Kraus, 62, director since 1993, retired. Served as chair of Fleet
Bank, Conn. Shares: 20,866 John M. Trani, 56, director since 1996, chairman and
chief executive officer of the company. Shares: 1,840,343

Directors’ fees
Each non-employee director receives an annual retainer of $30,000 and fees of
$1,500 for each board meeting attended and $1,000 for each committee meeting attended.

Institutional ownership
Capital Research and Management Co., 7,730,000 shares;
FMR Corp. (Fidelity Management & Research Corp.), 7,008,758 shares;
Price (T.Rowe) Associates, 3,625,968 shares;
Citigroup Inc., 3,508,366 shares;
and Barclays Bank Plc, 2,557,336 shares.

Executive compensation

*Executive compensation includes salary, bonuses, and other compensation, including
life insurance, cash profit sharing and other payments.

Source: Proxy statement, annual report, quarterly reports, and
other PBN research