FAST Fastenal Company

Fastenal Company Announces Cash Dividend WINONA, Minn., July 13 /PRNewswire-FirstCall/ -- The Fastenal Company of Winona, MN (NASDAQ:FAST) reported its Board of Directors declared a dividend of $.25 per share be paid in cash on September 3, 2004 to shareholders of record at the close of business on August 23, 2004. The Company expects that it will continue to pay a comparable semi-annual cash dividend in the foreseeable future, provided that any future determination as to payment of dividends will depend upon the financial condition and results of operations of the Company and such other factors as are deemed relevant by the Board of Directors. Fastenal Company sells different types of industrial and construction supplies in ten product categories. These include different types of: threaded fasteners and miscellaneous supplies; tools; metal cutting tool blades; fluid transfer components and accessories for hydraulic and pneumatic power; material handling and storage products; janitorial and paper products; electrical supplies; welding supplies; safety supplies; and raw materials (metals). As of June 30, 2004, the Company operated 1,441 stores in all 50 U.S. states, Canada, Puerto Rico, Mexico and Singapore selling to the general public. The Company operates 12 distribution centers located in Minnesota, Indiana, Ohio, Pennsylvania, Texas, Georgia, Washington, California, Utah, North Carolina, Kansas, and in Ontario, Canada. Additional information regarding Fastenal Company is available on the Fastenal Company World Wide Web site at http://www.fastenal.com/ . DATASOURCE: Fastenal Company CONTACT: Jean DuBois, Executive Assistant - Investor Relations, +1-507-454-5374, for Fastenal Company Web site: http://www.fastenal.com/

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