Corporate Profile for The Eastern Company, dated Jan. 8

1/11/1999 11:04:00 AM

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Published Date:   Jan. 8
Company Name:     The Eastern Company
Address:          112 Bridge Street
                  Naugatuck, CT 06770                                                             
Main Telephone
 Number:          (203)729-2255 (ext.241)                                                           
Internet Home
 Page Address

Chief Executive                                                               
 Officer:         Leonard F. Leganza, ext. 227                                                           
Chief Financial                                                               
 Officer:         Donald E. Whitmore                                                           
Investor Relations                                                            
 Contact:         John D. Dibble                                                          
 Business number: (203)729-2255, ext. 241                                                           
 Home number:     (203)758-9233                                     
Trading Symbol/                                                               
 Exchange:        AMEX:EML
Industry:         Lock & industrial hardware manufacturer                                                           

Company description: Founded in 1858, Eastern Company is a producer of locks and other specialty industrial hardware with seven operating locations in the USA, Canada, Mexico, and the Pacific Rim.

Trailing 4 quarter sales and net income are 71.6 and 5.2 million respectively.

52 week stock hi/low is 28 1/2 / 16 3/4

Main product lines include lock and other latching devices for truck bodies and for a large cross section of industrial equipment end users. Also, locks for computers and other office equipment and machinery plus contract metal parts for supporting mine roofs as well as for the electrical, automotive, and construction industries.

Recently announced 3rd quarter results represented the seventh consecutive quarter of increase earnings.

Company has paid uninterrupted quarterly dividends since 1940.