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Cascade Corporation Directors Approve Increase to Quarterly Dividend.


Business Editors

PORTLAND, Ore.--(BUSINESS WIRE)--Dec. 9, 2003

Cascade Corporation (NYSE NYSE

See: New York Stock Exchange
:CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. ) -- Robert C. Warren, Jr., President and Chief Executive Officer of Cascade Corporation, announced that the Board of Directors has declared a quarterly dividend of $.11. This represents a 10% increase over the $.10 dividend declared in the previous quarter. The dividend will be paid on January 20, 2004, to shareholders of record on January 6, 2004.

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to the Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Readers are cautioned that forward-looking statements are dependent on a number of factors that affect Cascade's operating results. Results could differ materially based on various factors, including the Company's performance and market conditions.

Cascade Corporation, headquartered in Portland, Oregon, is a leading international manufacturer of materials handling Materials handling

The loading, moving, and unloading of materials. The hundreds of different ways of handling materials are generally classified according to the type of equipment used.
 products used primarily on lift trucks. Additional information on Cascade is available on its web site, www.cascorp.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Dec 9, 2003
Words:159
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