HRS Harris Corp.

Harris Corporation Increases Quarterly Dividend 20% MELBOURNE, Fla., Aug. 30 /PRNewswire-FirstCall/ -- The Board of Directors of Harris Corporation (NYSE:HRS) has declared a quarterly dividend of 12 cents per share, compared to the previous dividend of 10 cents per share. The new dividend rate on the common stock is payable September 17, 2004, to shareholders of record September 8, 2004. The 20 percent increase in the cash dividend brings the annual rate to 48 cents per share. Howard L. Lance, chairman and chief executive officer, said, "We are delighted to announce this third consecutive annual increase in our quarterly dividend. Harris reported record results in the recently concluded fiscal year 2004, and we expect continued positive momentum in the current year for our government segments and steady recovery in our commercial segments. The financial position and level of liquidity of the company continue to be very strong. This increase in the dividend ensures that our shareholders receive a direct benefit from the continued progress of Harris." Harris Corporation is an international communications technology company focused on providing assured communications(TM) products, systems and services for government and commercial customers. The company's operating divisions serve markets for government communications, tactical radio, broadcast, and microwave systems. Harris provides systems and service to customers in more than 150 countries. Additional information about Harris Corporation is available at http://www.harris.com/ . Forward-Looking Statement 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 expected financial performance 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: Tom Hausman of Harris Corporation, +1-321-727-9131, Web site: http://www.harris.com/

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