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Cubic Board Announces Dividend at Annual Meeting.


Business Editors

SAN DIEGO--(BUSINESS WIRE)--Feb. 14, 2003

Cubic Corp. (AMEX AMEX

See: American Stock Exchange
:CUB) announced a regular semi-annual dividend of 7 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
 at its Annual Shareholders Meeting held Feb. 11, 2003.

The dividend will be payable March 21, 2003 to shareholders of record at the close of business on Feb. 28, 2003. Cubic has paid uninterrupted semi-annual dividends for over 30 years.

Cubic was recently added to the S&P SmallCap 600 index, GICS GICS Government Information and Communication Service (UK)
GICS German Internet Chess Server
GICS Global Industry Classification Standards
GICS Grant Information and Control System
 (Global Industry Class Standard) Aerospace & Defense sub-industry.

Cubic Corp. is parent of two major segments: transportation and defense. The Cubic Transportation Systems group designs and manufactures automatic fare collection systems for public transit authorities throughout the world, including rail, bus and parking lot systems. The Cubic Defense Applications group produces instrumented air and ground combat training systems, battle command training, studies and analysis, simulations and simulation support for U.S. and allied military forces. The group also produces high technology avionics, data links and communications products for government and commercial customers, and provides a wide range of technical and logistics services.

In addition to historical matters, this release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 which are 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 Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 Reform Act of 1995. These forward-looking statements involve predictions of future results. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the company's business and prospects. These include the effects of politics on negotiations and business dealings with government entities, competition and technology changes in the defense and transit industries, and other competitive and technological factors.
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Publication:Business Wire
Geographic Code:1USA
Date:Feb 14, 2003
Words:259
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