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WOODHEAD INDUSTRIES, INC. DECLARES STOCK DIVIDEND AND CASH DIVIDEND

 NORTHBROOK, Ill., Jan. 22 /PRNewswire/ -- At its annual stockholders meeting held today Woodhead Industries, Inc. (NASDAQ: WDHD) announced that its directors had declared a 100 percent common stock dividend in addition to a quarterly cash dividend of $.17 per share.
 The cash dividend is payable on Feb. 19, 1993, to stockholders of record Feb. 5, 1993.
 The stock dividend will be paid on March 1, 1993, to shareholders of record Feb. 12, 1993. Stockholders will receive one new share of Woodhead stock for each share of Woodhead common stock owned as of the record date. The increase in the number of shares outstanding as a result of the common stock dividend will likely put the market price of the common stock in a range more attractive to investors, and thus may result in a broader market for the company's common stock.
 On a related matter, the board of directors, pursuant to the rights agreement adopted on May, 17, 1984, as amended and restated as of July 25, 1990, also adjusted the purchase price of each common stock purchase right under the rights agreement from $40.00 per share of common stock to $20.00 to reflect the stock dividend.
 Woodhead Industries, Inc. develops, manufactures and markets specialty electrical devices, custom cable assemblies, motion control products, and ergonomic workstations for a broad range of industrial applications worldwide.
 -0- 1/22/93
 /CONTACT: Robert J. Tortorello, vice president, general counsel and secretary of Woodhead Industries, Inc., 708-272-8181/
 (WDHD)


CO: Woodhead Industries, Inc. ST: Illinois IN: SU: DIV

TS -- NY044 -- 7926 01/22/93 12:52 EST
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Date:Jan 22, 1993
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