HRS Harris Corp.

MELBOURNE, Fla., Aug. 27 /PRNewswire-FirstCall/ -- The Board of Directors of Harris Corporation (NYSE:HRS), an international communications and information technology company, has increased the quarterly cash dividend to 15 cents per share, compared to the previous quarterly dividend of 11 cents per share. This dividend is payable September 17, 2007, to shareholders of record September 6, 2007. The increase brings the annual dividend rate from 44 cents per share to 60 cents per share. "We are delighted to announce this sixth consecutive annual increase in our quarterly dividend," said Howard L. Lance, Harris chairman, president, and CEO. "We reported excellent results for fiscal year 2007, which ended June 29, 2007. Revenue was a record $4.2 billion, and orders were ahead of revenue, creating continued positive momentum in the current year for both our government and commercial segments. This dividend increase, along with the $600 million share repurchase program announced in May 2007, further demonstrates the company's ongoing commitment to increasing shareholder value." About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of over $4 billion and 16,000 employees - including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services. Additional information about Harris Corporation is available at http://www.harris.com/ . Forward-Looking Statements This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about our outlook are forward-looking and involve risks and uncertainties. Other factors that may impact the company's results and forward-looking statement may be disclosed in the company's filings with the SEC. Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. DATASOURCE: Harris Corporation CONTACT: Jim Burke of Harris Corporation, Corporate Headquarters, +1-321-727-9131, Web site: http://www.harris.com/

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