Emerson Named Global Top 50 ``All Star'' Among Fortune ``World's Most Admired'' Companies
Emerson Cited for Solid Products, Financial Results

St. Louis, Missouri (February, 2003)— Emerson has been recognized as one of the Top 50 global firms in Fortune magazine's recent survey of the "World's Most Admired" companies. Consistently one of "America's Most Admired" companies, Emerson was named a "2003 All Star" in the poll in which respondents select the Top 50 most respected companies around the world and across all industries.

Fortune notes that Emerson was selected for the All-Star list by "...delivering solid products - and financial results." This year's global survey polled 10,000 directors, executives, and managers in 29 industries.  

Respondents also rated the companies within their own industries across nine categories: social responsibility; innovation; long-term investment value; use of corporate assets; employee talent; financial soundness; quality of management; quality of products/services; and global business acumen. In the global Electronics category, Emerson placed third, behind GE and Sony, while Emerson ranked second in the US Electronics industry ("America's Most Admired" list) behind only GE.  

A technology leader, Emerson's more than 60 divisions operate some 320 manufacturing locations worldwide in the design, manufacture and sale of engineered products, services and solutions. International sales (including U.S. exports) totaled $5.8 billion in 2002, representing 42 percent of the company's sales. Emerson's management model has been widely recognized and the company has been named as one of Industry Week's notable 100 Best-Managed Companies for five consecutive years. Business Week has previously recognized Emerson as one of the top 25 best-managed companies.  

About Emerson

# # #