1. © 2002 Eaton Corporation. All rights reserved. Eaton Corporation A Global Leader

2. We would like to introduce you to Eaton and our Career opportunities l Eaton Corporation Our Company l Dimensions Programs Our Launching Pad for Future Leaders l Direct Hire Your Opportunity

3. l A global diversified industrial manufacturer l A leader in: n Fluid power systems n Electrical power quality and control n Automotive engine air management n Intelligent drivetrain systems for fuel economy in trucks What is Eaton? Fluid Power Electrical AutomotiveTruck

4. General Information l Founded in 1911 by J.O. Eaton l World Headquarters in Cleveland, Ohio USA l Sells products in more than 100 countries l Manufacturing presence in 26 countries l 56,000 employees l Chairman & CEO - Alexander M. Cutler l 2004 Sales - $9.8 billion

5. Eaton has been repositioned as a diversified industrial Business Segments Sales ~$9.8 Billion Electrical $3.1B Fluid Power $3.1B Automotive $1.8B Truck $1.8B

6. Industrial CommercialLight CommercialResidential Structured Wiring & Load Centers Integrated Facility Systems Switch Gear Motor Control & Switch Gear Electrical delivers quality power to all electrical industry segments

7.  On/Off Highway  Stationary  World-class distribution network  #1 in Steering & Motors Aerospace 27% Hydraulics 54% Fluid Connectors 19%  Commercial  Defense  High-pressure hydraulics leader  #1 in Fluid Conveyance  NA Auto  EU Auto  Expanding global presence  #1 in Air-Conditioning worldwide Fluid Power brings together three strong franchises

8. Automotive is selectively focused in critical technology niches Fuel Economy and Emissions Engine Air Management Powertrain Controls Passenger Safety Mirror Control Systems Traction and Stability Eaton technology delivers solutions and provides unique market positioning

9. Truck continues to broaden its market exposure Four Platforms for Growth Aftermarket & Solutions White Space plan (Diagnostic Tools, etc) Clutch Growth Geographic Expansion China JV with SFGW Technology / New Products UltraShift, Hybrid Electric Vehicles

10. The Eaton Growth Model builds in our acquisition strategy l Strengthen current businesses through “bolt-on” acquisitions l Expand portfolio where we know: Markets, Technology, Customers, Channels l Right of membership in Eaton: 50% outgrowth l 4% through the cycle markets

11. Eaton’s Vision One Vision To be the most admired company in our markets. Vision Measured by Customers say: “We want to do more business with Eaton.” Shareholders say: “Eaton is one of my best investments.” Employees say: “I am proud to be part of the Eaton team.”

12. Eaton Business System An Integrated Operating Model Focused on growth and operational excellence Driving standardization & best practices Deeply embedded in Eaton world-wide Strong correlation to operating results

13. We Care How We Gets Results - Alexander M. Cutler Chairman & CEO “We’re here to achieve great results, but each of us must demonstrate that we care intensely about how we get those results. They are worth little and are unlikely to endure if achieved unethically.”

14. We would like to introduce you to Eaton and our Career opportunities l Eaton Corporation Our Company l Dimensions Programs Our Launching Pad for Future Leaders l Direct Hire Your Opportunity

15. Dimensions Development Programs Dimensions … “The freedom to be creative; the guidance to make a difference ”

16. “Dimensions” programs position future Eaton leaders for success l Corporate-Wide …. Across all 4 Business Groups and WHQ l Participants are technically competent, well suited for leadership roles l Progressive assignments that develop functional skills and leadership competencies

17. Dimensions Corporate Development Programs Operations Management Development Program (MBA) Corporate Development & Planning (MBA) Financial Leadership Development Program Leadership Development Program – Human Resources Leadership Development Program – Engineering Leadership Development Program – Supply Chain Strategic Technical Enhancement Program (STEP) - IT Leadership Development Program – Technical Sales

18. Financial Leadership Development Program - Program Manager: Casey Watson Education: Finance/Accounting/Business undergraduate Work Experience: 1 – 3 years 2005-06 Forecasted Hires: 15 Current # Development Participants: 28 Program Details: 3 one-year assignments across different business groups with one at corporate. Functional rotations include cost accounting, financial analyst and corporate/division analyst. Potential corporate assignments could include treasury, internal audit, financial accounting, reporting and analysis, group analyst.

19. Short Term Permanent Positions: Financial Analyst, Accounting Manager, Cost Accountant Long Term Positions: Controller, Division Controller, Plant Manager, Treasury, Business Development, Corporate Functions Long Term Goal of Program: Building bench strength both at corporate and in operations in financial and accounting leadership Financial Leadership Development Program - Program Manager: Casey Watson

20. Dimensions Success Factors l University Relations n Strategic Partnering with Key Target Universities l Participants n Technically competent and well suited for Leadership roles through a robust selection process l Assignment Managers n Good coaches, mentors, leaders and role models l Assignments n Progressive and contribute to development of functional skills and Leadership Competencies l Performance Appraisal and Feedback n Timely and Development-Oriented

21. We would like to introduce you to Eaton and our Career opportunities l Eaton Corporation Our Company l Dimensions Programs Our Launching Pad for Future Leaders l Direct Hire Your Opportunity

22. Direct Placement Four business units interested in direct hire of all disciplines Offers opportunity to commit to working in a particular location Relocation and promotions are readily available through this avenue Eatonjobs avenue offers variety of opportunities for advancement for direct hire candidates Apply for Opportunities through www.eatonjobs.com