NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- The Board of Directors of Dover Corporation (NYSE: DOV) today increased the quarterly cash dividend to $.150 (fifteen cents) per share, from $.135 (thirteen and one half cents). The new dividend will be paid on September 12, 2003 to shareholders of record as of August 29, 2003.

Dover Corporation is a diversified manufacturer of industrial products with approximately $4.2 billion in sales.

SOURCE Dover Corporation
/CONTACT: Joseph W. Schmidt, Vice President, General Counsel and
Secretary of Dover Corporation, +1-212-922-1640/
/Web site: http://www.dovercorporation.com/
(DOV)