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Worthington Industries Declares Quarterly Dividend

05/20/2002

COLUMBUS, Ohio, May 20, 2002 /PRNewswire-FirstCall via COMTEX/ -- At a meeting held on May 18, 2002, the board of directors of Worthington Industries, Inc. (NYSE: WOR) declared a regular quarterly dividend of $0.16 per share, payable on June 29, 2002 to shareholders of record June 15, 2002. This marks the 138th consecutive quarter that Worthington has paid a dividend since it became a public company in 1968.

Worthington Industries is a leading diversified metal processing company with annual sales of approximately $2 billion. The Columbus, Ohio, based company is North America's premier value-added steel processor and a leader in manufactured metal products such as automotive aftermarket stampings, pressure cylinders, metal framing, metal ceiling grid systems and laser welded blanks. The company employs 7,500 people and operates 59 facilities in 10 countries.

Founded in 1955, the company operates under a long-standing corporate philosophy rooted in the golden rule, with earning money for its shareholders as the first corporate goal. This philosophy, an unwavering commitment to the customer and one of the strongest employee/employer partnerships in American industry serve as the company's foundation. Worthington Industries is listed as one of the 100 Best Companies to Work For in America by "Fortune" magazine.

SOURCE Worthington Industries, Inc.

CONTACT:
Cathy Mayne Lyttle, VP, Corporate Communications, +1-614-438-3077, or cmlyttle@WorthingtonIndustries.com,
or
Allison McFerren Sanders, Director, Investor Relations, +1-614-840-3133, or asanders@WorthingtonIndustries.com,
both of Worthington Industries URL: http://www.worthingtonindustries.com

Copyright (C) 2002 PR Newswire. All rights reserved.

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